Volvo Powers Forward with Electric Wheel Loaders in Oceania

June 27, 2025 12:42 PM AEST | By Team Kalkine Media

Volvo Powers Forward with Electric Wheel Loaders in Oceania — Image source: Shutterstock

Successful Debut with Fulton Hogan

The inaugural deployment of the L120 Electric took place with infrastructure services company Fulton Hogan, following a six-month trial of a pre-commercial prototype in New Zealand. The outcome was encouraging enough to pave the way for a five-year agreement, including 2,000 operational hours per year and integrated servicing.

This collaboration underscores a shift in the construction landscape, where emission-free operations and long-term cost-efficiency are driving decisions. Fulton Hogan's transition to electric equipment is not only a move towards environmental responsibility but also demonstrates a viable alternative to traditional diesel-powered machines.

Features Designed for the Future

Weighing 20 tonnes and offering a 6-tonne lifting capacity, the L120 Electric is engineered to meet demanding operational needs while delivering significant environmental benefits. Key features include:

Zero exhaust emissions
Near-silent operations
Lower lifetime operating costs

The loader is suitable for a broad range of industries such as urban infrastructure, recycling, forestry, agriculture, and port logistics—sectors increasingly focused on decarbonisation and cost efficiency.

Strategic Rent-to-Rent Model

Volvo’s rent-to-rent model enables customers to access the L120 Electric without the upfront financial burden of ownership. Instead, users enter contractual agreements that include regular servicing, strengthening long-term relationships between the OEM, dealers, and customers. The model enhances flexibility for businesses looking to adopt electric machinery without long-term capital risk.

This leasing approach supports the broader trend of sustainable transformation in construction practices, allowing companies to trial, adapt, and commit to clean technology in stages.

Aligning with Broader Market Dynamics

While Volvo AB does not fall under the ASX 200 category, the move aligns with a growing trend across major indices like the ASX 200, where sustainability-focused solutions and electrification are gaining traction among both industrial and investor communities.

Volvo’s rollout of the L120 Electric wheel loader in Oceania represents more than just an equipment launch—it’s a blueprint for how sustainability, innovation, and operational flexibility can converge to reshape the future of construction.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.