Volvo Cars is calling on world leaders and energy suppliers today to increase significantly investments in clean energy, to ensure that electric cars from Volvo and other manufacturers can fully express their potential in terms of climate benefits. The appeal coincides with a newly released report on the overall lifecycle carbon emissions of the latest electric-powered car manufactured by Volvo Cars, which highlights the significant reductions in CO2 that could be achieved if the car were built and recharged using clean energy sources.
The appeal is also being launched as heads of government and business leaders gather in Glasgow at the UN COP26 climate summit to discuss and announce the new plans to reduce carbon emissions to combat climate change. Volvo Cars aims to become a fully electric car manufacturer by 2030 and plans to launch a whole new range of 100% electric cars in the coming years as part of one of the industry’s most ambitious electrification programs. This is part of its aspiration to become a climate-neutral company by 2040, a goal that leads the automaker to constantly work to reduce carbon emissions at all levels of its operations.
However, the company will need the help of governments and the energy sector so that its cars can fully realize their potential for reducing carbon emissions. As it shows the new Life Cycle Assessment Report (LCA) of the Volvo C40 Recharge the availability of clean energy for both production and charging of an electric Volvo makes a huge difference in terms of CO impact2. When charging a C40 Recharge with clean energy, such as wind power, the impact of CO2 the life cycle of this model is less than half that of a conventional Volvo XC40 with a combustion engine. When electricity generated through fossil fuels is used instead, this difference is greatly reduced. “We have made a conscious strategic decision by aiming to become a fully electric car manufacturer and industry leader, but we cannot make the transition to climate neutrality alone”, said the CEO, Håkan Samuelsson. “Governments and energy companies around the world need to step up their investments in clean energy capacity and related charging infrastructure so that fully electric cars can truly deliver on their promise of making mobility cleaner. “.
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