Volvo Cars today launched one of the most ambitious plans in the automotive industry, to reduce its lifecycle carbon footprint-per-car by 40 per cent between 2018 and 2025.
This is the first, tangible step towards Volvo Cars’ ambition of becoming a climate-neutral company by 2040.
The plan represents concrete actions in line with the global Paris climate agreement of 2015, which seeks to limit global warming to 1.5 degrees Celsius above pre-industrial levels.
Volvo Cars’ 2040 ambitions go beyond addressing tailpipe emissions through all-out electrification, another area in which the company is at the forefront. It will also tackle carbon emissions in its manufacturing network, its wider operations, its supply chain and through recycling and reuse of materials.
As a near-term step towards its 2040 ambition, Volvo Cars is implementing a set of ambitious, immediate measures in its efforts to reduce the company’s lifecycle CO2 footprint per car by 40 per cent between 2018 and 2025. At that point in time, the company also aims for its global manufacturing network to be fully climate neutral.
As of this year, every new Volvo launched will be electrified, and the company today also launches its first fully electric car, the XC40 Recharge. Starting with the XC40 Recharge, Volvo Cars will disclose the average lifecycle carbon footprint of each new model.
The XC40 Recharge is the first car in Volvo Cars’ new Recharge car line.
Recharge will be the overarching name for all chargeable Volvos with a fully electric and plug-in hybrid powertrain.
The Recharge car line aims to further boost sales of Volvo Cars’ electrified cars and encourage plug-in hybrid drivers via incentives including a year’s free electricity to recharge to use Pure mode as much as possible.