Steyr Automotive has signed a deal with Volta Trucks to resume production of the Volta Zero.

The 16-tonne electric truck's fate has been hanging in the balance since Volta Trucks filed for bankruptcy in late 2023.

Luxor Capital Group, which was both a shareholder in and lender to Volta Trucks, bought the business in December.

Austrian manufacturer Steyr Automotive has now announced that it has signed a preliminary agreement to continue the production of the vehicle.

The business started series production of the truck, back in April 2023, before Volta's battery supplier went bust in the summer.

Steyr Automotive issued a statment: “We are extremely pleased with the signing of the agreement as, for us, it represents an important milestone for the return to production in this crucial business sector.

“Our team is highly motivated to bring the innovative truck to the road together with our partner Volta Commercial Vehicles."

With a battery capacity of 150-225 kWh, depending on specification, the Volta Zero returns a real-world pure electric range of 95–125 miles on a single charge.

The Volta Zero has also achieved a benchmark score for Direct Vision and was awarded a five-star rating.