the Swedish electric vehicle startup Volta Trucks closed its Series C funding round with a €230 million capital raise

The Stockholm-based company Volta Trucks has raised 230 million euros in a Series C funding round led by New York-based Luxor Capital. The last fund will help the company proceed with its engineering and business operations while it is on the make of being a manufacturer of full-electric trucks. The company is planning to complete its first series production of the 16-tonne full-electric Volta Zero by the year ends.