Volvo heads towards emissions neutrality with ambitious goals for 2030

2024-01-12 15:05:42
In the 2020s, sustainability is one of the top goals for automakers. Many of them have announced that throughout these ten years they will dedicate themselves exclusively to selling zero-emission models. Volvo has set this goal for 2030. Buoyed by record results in 2023, when it registered 708,716 registrations (+15%) thanks to the success of its electrified models, the manufacturer has decided to review its circular economy goals and has marked the year 2040 as a point to become a completely emissions-neutral company. At the end of the current decade, however, it aims for the production of its vehicles to be reduced by 75% (compared to 2018 levels). In addition, they also want to reduce energy use by 40% per vehicle and for 99% of the waste generated by the activities to be recycled or reused. Related News standard No Volvo achieves a new world sales record thanks to its electrified range Canal Motor The company has announced sales of 708,716 vehicles throughout 2023, an increase of 15% compared to the year 2022 For the CEO of Volvo Cars, Jim Rowan, “Taking action to combat climate change is non-negotiable and becoming a fully electric company is an important step on this path in which we are pioneers. “As we move to continue reducing emissions across the value chain, we have a responsibility to do more.” Thus, Rowan intends for the recycled materials content of its vehicles to reach an average of 30% in the fleet, with a minimum of 35% in new models. In addition, water consumption is also under focus, and they intend to reduce it by half by 2030. Today, 25% of the Volvo EX30’s aluminum comes from recycled sources, as well as 17% of its steel and plastic. Last year, sales of electric models accounted for 16% of the total, with 113,419 units, 70% more. MORE INFORMATION news No Seat exceeds half a million units sold driven by Cupra news No 90% of the crossovers sold by Nissan in Spain in 2023 were electrified news No Persian Gulf piracy hits Chinese manufacturers hardest According to a statement from The company, its “top priority remains the reduction of real emissions before resorting to carbon absorption” and encourages its suppliers to do the same.
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