Neot Green Mobility accelerates electrification of road transport in Germany with delivery of first electric trucks

Neot Green Mobility has taken a key step in the transition to low-carbon mobility with the delivery of the first Volvo Trucks electric trucks in Germany. Around 30 vehicles have already been put on the road, marking the effective start of a partnership aimed at deploying 75 electric trucks by 2026  

This project, which has been awarded grants under the KsNI program ((Klimafreundliche Nutzfahrzeuge: a funding programme led by the Bundesamt für Logistik und Mobilität (Federal Office for Logistics and Mobility)), will demonstrate the operational relevance of electric trucks to accelerate their deployment, and represents a strong commitment in favour of developing low-carbon transport.  

Neot takes its first strategic step in Germany 
This program is a double first for Neot:  

• First project in Germany, a key market for the energy transition in road transport.  
• First financing solution dedicated to electric trucks, with vehicles ranging from 18-ton rigids to 44-ton tractors.  

The agreement provides for Truck-as-a-Service contracts including vehicle provision, maintenance and monitoring for periods of 4 to 5 years, with the possibility of extension.  

A concrete impact for the energy transition 
Thanks to this 100% electric fleet, the project will completely reduce emissions linked to truck operation. With annual mileage of between 50,000 and 150,000 km per truck, the expected environmental benefits are significant.  

“This operation illustrates our commitment to accelerating the adoption of low-carbon mobility solutions in Europe. By facilitating access to financing and subsidies, we are enabling key players in the transport sector to take a decisive step towards the electrification of their fleets,” says Philippe Ringenbach, CEO of Neot Green Mobility.   

 “Volvo Trucks is a global leader in medium- and heavy-duty electric trucks with eight battery electric models in its portfolio. Volvo’s broad product range enables electrification of city and regional distribution, construction, waste management — and soon also long-distance transport. Serial production started in 2019, and to date, Volvo has delivered over 5,000 electric trucks to customers in 50 countries worldwide.”  explains Benjamin Schiebler, Manager Electromobility at Volvo Trucks Germany.   

Advisors:  
Lawyer: Cabinet Kallan and in particular Me Sven Cordes and Prof. Dr. Nils Gruske 

Neot Green Mobility: Neot Green Mobility (NGM) is an investment platform backed by leading investors including Alba Infrastructure Partners, Mirova, Banque des Territoires, and EDF Pulse Ventures. The platform is dedicated to financing the transition to low-carbon mobility and supporting public authorities, transport operators, as well as logistics and industrial companies in their energy transition across Europe. NGM offers “as-a-service” solutions by providing turnkey assets and services, including batteries, rolling stock, and charging infrastructure, to clients across a wide range of sectors: maritime transport, urban and interurban public transport, logistics, rail, and charging solutions. Supported by its investors in its growth, NGM has already deployed or committed to deploy over €400 million in assets.

Volvo Trucks: Volvo Trucks as part of Volvo Group supplies complete transport solutions for discerning professional customers with its full range of medium- and heavy-duty trucks to shape the future landscape of sustainable transport and infrastructure solutions. Customer support is provided via a global network of dealers with 2,200 service points in about 130 countries. Volvo trucks are assembled in 12 countries across the globe. In 2024 approximately 134,000 Volvo trucks were delivered worldwide. Founded in 1927, Volvo Trucks is part of the Volvo Group, one of the world’s leading manufacturers of trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services and marine and industrial engines and is headquartered in Gothenburg, Sweden. Volvo Trucks’ work is based on the core values of quality, safety and environmental care.