Volvo Cars to invest in near-zero emissions aluminium tech to step up its sustainability goals

Leading the automobile industry towards sustainability and net-zero carbon emission, Volvo Cars announced on November 30 its plan to cut per-car emissions by 75 per cent by 2030.

Volvo makes this announcement after a few years of its previous plan to cut per-car emissions by 40 per cent by 2025. So far this year, the Swedish multinational automobile manufacturing company has cut emissions by 19 per cent compared to 2018.

Volvo Cars also announced yesterday about joining the World Economic Forum’s First Movers Coalition and that it would start investing in advanced near-zero emissions aluminium tech. The automaker also said it secured access to near-zero emission primary and recycled sheet steel from Sweden’s SSAB for vehicles.

Volvo will be merging the applications of near-zero emissions aluminium tech and near-zero emission primary and recycled steel in its vehicles to set an exemplary benchmark in the industry and reduce the maximum carbon footprint as per the target by 2030.

Jonas Otterheim, head of climate action at Volvo Cars, said: “We have previously used the COP summits to push collective climate action and COP28 will be no different. What we and other like-minded companies are trying to do is develop and scale up transformational technologies to decarbonize sometimes ancient industrial processes. By joining the FMC and showing tangible progress in our partnership with SSAB, we hope to demonstrate that this vital shift is not just possible but is already underway.”