Volvo’s first electric car will be called the XC40 RechargeOctober 16, 2019
Volvo also announces ambitious plans to reduce its carbon footprint by 40%.
Automakers make high-profile promises to reduce carbon emissions from their products, their companies, and all their facilities. Last year, GM called for the creation of a national zero-emission program for automakers, so that by 2030 EV cars accounted for 25% of their lineup.
Volvo’s plans are really ambitious, moreover, the company now has its own environmental obligations. Representatives of the Swedish brand have already announced that they expect electrification of the entire model range by 2025. But today, the company announced that by 2025 it will reduce the carbon footprint of each car by 40%. As a result of this work, Volvo will emit 25% less carbon, like its suppliers. If the company adheres to this plan, recycling and reuse of materials in the Volvo supply chain will increase markedly. The company claims that by 2025, each vehicle it produces will contain 25% recycled plastic.
This is a relatively short-term commitment that makes the company go towards the goal of becoming climate neutral by 2040. And she plans by the same time to neutralize the climate of her global production network. Volvo says it operates under the Paris Agreement, which aims to limit global temperature increases this century.
This year it will be possible to notice the first steps of the company. Starting today, Volvo announces that every new machine released will be somehow electrified with the ultimate goal of phasing out the internal combustion engine. The name Recharge will not only be the name of the first EV, the XC40, but will also be used in the future for all rechargeable electric vehicles of the automaker.
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