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Volvo Targets 40% Carbon Cut For Vehicles And Factories As It Rolls Out Electric Crossover

Forbes

Volvo is using the launch of its new XC40 Recharge EV to commit to a 40% reduction in its carbon footprint, from factory operations to the on-road performance of its cars and SUVs. 

The corporate sustainability target is to be met by 2025 and that, longer-term, Volvo’s operations will be 100% carbon neutral by 2040.

Hitting these targets requires increased use of renewable electricity at its auto-assembly plants in Europe, China and the U.S. and greater reuse of recycled materials, from steel, aluminum and plastics to cobalt from spent consumer market lithium-ion batteries.

Read the article at Forbes.

The post Volvo Targets 40% Carbon Cut For Vehicles And Factories As It Rolls Out Electric Crossover appeared first on Fleet Management Weekly.


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