Press Room
Prosegur Cash develops Spain’s first electric armored truck
Developed jointly with the Polytechnic University of Madrid, vehicle uses new armoring materials to lower its weight by 30% while meeting resistance and safety standards.
Madrid, 10 February 2025.- Prosegur Cash, a world leader in value logistics and comprehensive cash management, has developed the first prototype of an electric armored truck for its cash and valuables transportation fleet. Carried out jointly with the Polytechnic University of Madrid (UPM) and Spanish technology and security company TSD, this innovative project is a significant advance in further reducing Prosegur’s environmental impact without compromising the stringent safety and security standards of the markets where the company operates.
Rigorous research and the use of newly developed advanced materials lie behind the development of a prototype armored truck that is 30% lighter and has the first viable electric chassis in the sector, aligning safety, energy efficiency and sustainability. This achievement has been possible thanks to the support of the Spanish government’s Institute for the Diversification and Saving of Energy (IDAE), implemented through the MOVES Proyectos Singulares II electric mobility incentive program.
As a result of the innovations applied to its design, one electric armored vehicle can reduce emissions of CO2 by 15 tonnes per year, equivalent to the emissions generated by an internal combustion vehicle over more than 100,000 kilometers, thus contributing to climate change mitigation and pollution control.
Prosegur Cash has developed an electric armored truck capable of operating in urban environments without restrictions, guaranteeing business continuity in the face of ever-more stringent emissions regulations.
Tiago Libereiro, Prosegur Cash’s Fleet Manager for Spain and Portugal, highlights the technological challenges of the project as “developing lighter materials that maintained the required ballistic protection standards. Advances in the application of these materials have been key to making the use of an electric chassis viable, something that has been unfeasible until now. With this initiative, we strengthen our commitment to innovation and sustainability while ensuring the security and operational efficiency of our fleet."
R+D at the service of safety, energy efficiency and sustainability
This prototype meets the need to align safety with energy efficiency and sustainability. Traditionally, armored vehicles have been heavy, due to the use of tough materials to ensure the protection of crew and cargo. This weight increased fuel consumption, contrary to the objectives of reducing emissions and transitioning to a more sustainable model.
In response, Prosegur Cash has committed to R+D in armoring materials. In collaboration with the UPM, it has carried out a detailed study of new compounds such as advanced ceramics, synthetic fibers and metal alloys, guaranteeing the same strength and durability as traditional steel, but with a 30% reduction in the total weight of the body. This innovation has made an electric chassis viable, something unthinkable until now in the security sector.
In addition, the use of these materials has required the development of new techniques to manufacture and adapt vehicles, working closely with Spain’s TSD, a leader in the conversion of security transportation. All the materials used have been subjected to rigorous ballistic and explosive resistance tests, complying with UNE-EN 1063:2001 and UNE-EN 1522:1999 regulations, essential for operations in private security and the transportation of valuables.
This electric armored truck is a strategic step for Prosegur Cash in its transition towards running a more sustainable fleet. The company will progressively introduce these vehicles on controlled urban routes with suitable topography, ensuring their operational viability before wider implementation. This latest development reaffirms the company’s position as a benchmark in security and sustainability in value logistics.