Pioneering auto manufacturer will also
implement other QAD Adaptive Applications solutions
QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB), a leading provider of
next-generation manufacturing and supply chain solutions in the
cloud, today announced that full-electric commercial vehicle
manufacturer, Volta Trucks will implement QAD Adaptive ERP and
other QAD Adaptive Applications solutions, including QAD EQMS
(Enterprise Quality Management System), QAD DynaSys DSCP (Digital
Supply Chain Management), QAD Sourcing and QAD Supplier
Management.
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"We are at a pivotal moment of a major transformation in the
automotive industry," said Volta Trucks Chief Executive Officer,
Essa Al-Saleh. "We are entering this market in a major transition
from an internal combustion engine ecosystem toward a zero-emission
ecosystem, with battery vehicles playing a major role. This creates
tremendous opportunities for us, building the world’s first
full-electric large commercial vehicle where everything has been
created from the ground up. While we need to be nimble in our
approach, it also demands the best systems and processes to ensure
we remain on track to deliver on our objectives. We were searching
for a partner that could rapidly implement a scalable and adaptive
solution to enable us to reach our vision, and we found this in
QAD."
Volta Trucks is headquartered in Stockholm, Sweden with offices
in Sweden, France and the United Kingdom. It was founded in 2017 to
help decarbonize last-mile logistics and make city center
environments safer and more sustainable places to live and work.
The company's first vehicle, the Volta Zero, is the world's first
purpose-built full electric 16-ton commercial vehicle created
specifically for city center freight distribution. The company
initially launched in London and Paris, and recently confirmed it
would expand further into other European cities, as well as North
American and Asian cities. Volta Trucks will implement QAD company
wide.
Volta Trucks plans to expand its product portfolio to offer a
comprehensive range of full-electric commercial vehicles from 7.5
to 19 ton, reimagined and redesigned specifically to support the
decarbonization of the logistics industry. To support the growth of
its product portfolio and its business, Volta Trucks needed
enterprise solutions that would meet its current business needs
while also providing a foundation for future expansion. Management
set out to find a cloud-based solution that featured automotive
best practices, prescriptive process maps, work instructions and
test scripts. After a comprehensive review of several vendors,
Volta selected QAD.
“The migration from internal combustion engines to
electrification is well underway and happening extremely quickly,"
said QAD Senior Vice President, Automotive and Mobility Charlie
Eggerding. "Of all the disruptions facing the automotive industry,
the rise of electric vehicles is the most transformative. Bringing
on a cutting-edge electric vehicle company like Volta Trucks
demonstrates how well QAD's suite of solutions are positioned to
meet the needs of the newest generation of auto manufacturers. QAD
has years of experience and a wide range of customers in the
automotive industry and our rapid, agile and effective approach to
global deployments are helping many others adapt to this emerging
business model. As the automotive landscape continues to evolve,
QAD looks forward to helping transformative companies like Volta
Trucks innovate and succeed."
About QAD – Enabling the Adaptive Manufacturing
Enterprise
QAD Inc. is a leading provider of next-generation manufacturing
and supply chain solutions in the cloud. Global manufacturers face
ever-increasing disruption caused by technology-driven innovation
and changing consumer preferences. In order to survive and thrive,
manufacturers must be able to innovate and change business models
at unprecedented rates of speed. QAD calls these companies Adaptive
Manufacturing Enterprises. QAD solutions help customers in the
automotive, life sciences, consumer products, food and beverage,
high tech and industrial manufacturing industries rapidly adapt to
change and innovate for competitive advantage.
Founded in 1979 and headquartered in Santa Barbara, California,
QAD has 30 offices globally. Over 2,000 manufacturing companies
have deployed QAD solutions, including enterprise resource planning
(ERP), digital supply chain planning (DSCP), global trade and
transportation execution (GTTE), quality management system (QMS)
and strategic sourcing and supplier management, to become an
Adaptive Manufacturing Enterprise. To learn more, visit www.qad.com
or call +1 805-566-6100. Find us on Twitter, LinkedIn, Facebook,
Instagram and Pinterest.
"QAD" is a registered trademark of QAD Inc. All other products
or company names herein may be trademarks of their respective
owners.
About Volta Trucks
Volta Trucks is the leading full-electric goods vehicle
manufacturer and services company. Volta Trucks has offices in
Sweden, France and the U.K. and is partnering with a number of
global leaders in the supply chain for the development and
production of the Volta Zero. To learn more, visit
www.voltatrucks.com
Note to Investors: This press release contains certain
forward-looking statements made under the "safe harbor" provisions
of the Private Securities Litigation Reform Act of 1995, including,
but not limited to, statements regarding projections of revenue,
income and loss, capital expenditures, plans and objectives of
management regarding the company's business, future economic
performance or any of the assumptions underlying or relating to any
of the foregoing. Forward-looking statements are based on the
company's current expectations. Words such as "expects,"
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"estimates," "intends," "may," "projects," "should," "would,"
"might," "plan" and variations of these words and similar
expressions are intended to identify these forward-looking
statements. A number of risks and uncertainties could cause actual
results to differ materially from those in the forward-looking
statements. These risks include, but are not limited to: risks
associated with the COVID-19 (novel coronavirus) pandemic or other
catastrophic events that may harm our business; adverse economic,
market or geo-political conditions that may disrupt our business;
our cloud service offerings, such as defects and disruptions in our
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Commission thereafter. Management does not undertake to update
these forward-looking statements except as required by law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210608005183/en/
QAD Inc. Scott Matulis Public Relations 818-451-8918
publicrelations@qad.com or Evan Quinn Analyst Relations
617-869-7335 industryanalyst@qad.com
Volta Trucks Duncan Forrester Chief Communications
Officer Duncan.forrester@voltatrucks.com 00 44 7768 877877
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