Volvo is using the launch of its new XC40 EV to commit to a 40% reduction across-the-board in its carbon footprint
Volvo CEO Hakan Samuelsson talks about the company's sustainability target in Los Angeles on Oct. 16, 2019.Electric cars are great at reducing tailpipe emissions, but building them is also highly energy-intensive, so Volvo is using the launch of its new XC40 Recharge EV to commit to a 40% reduction across the board in its carbon footprint, from factory operations to the on-road performance of its cars and SUVs.
Car-clogged Los Angeles, with its long-running battles against auto exhaust and congestion, is a particularly appropriate backdrop for Volvo’s sustainability plans as it’s among the biggest markets in the U.S. for electric vehicles and renewable energy. And whileto buy zero-emission vehicles, and EV charging infrastructure keeps growing, Volvo’s plan to expand its line of battery-powered models faces a tougher road in the U.S. overall.
Given that Volvo is using an extensive amount of Google software, could the company eventually work with Alphabet’s Waymo on a self-driving version?
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Volvo shows an electric SUV and plans to drop cars running on just gas or dieselThe Chinese-owned carmaker from Sweden wants to add 'sustainability' to its reputation for safety
Read more »
The Forbes Fab 40: Puma Debuts On 2019 List Of The World’s Most Valuable Sports BrandsThis year, Puma makes the Forbes Fab 40 for the first time, ranking 6th in the business category with brand value of $4 billion
Read more »
The Forbes Fab 40: Puma Debuts On 2019 List Of The World’s Most Valuable Sports BrandsA few years ago, Puma didn’t get much respect. Now it's one of the most valuable sports brands around.
Read more »
The Forbes Fab 40: Puma Debuts On 2019 List Of The World’s Most Valuable Sports BrandsA few years ago, Puma didn’t get much respect. Now it's one of the most valuable sports brands around.
Read more »
The Forbes Fab 40: Puma Debuts On 2019 List Of The World’s Most Valuable Sports BrandsA few years ago, Puma didn’t get much respect. Now it's one of the most valuable sports brands around.
Read more »
13 Under 40: Here Are The Youngest Billionaires On The Forbes 400 2019The richest of the under-40 set on The Forbes400 is Mark Zuckerberg, whose fortune grew by $8.6 billion this year. That’s even after Facebook got hit with a record-setting $5 billion fine from the U.S. Federal Trade Commission
Read more »