For a relatively small car manufacturer, Volvo has frequently taken the leading role in the areas of safety and environmental developments. The company has already announced that it will be shifting its entire production of new vehicles over to EVs as soon as possible, but now, it is making an even larger commitment to both the environment and the advancement of vehicle production efficiency. Volvo Cars aims to save over $100 million in annual operating costs and reduce 2.5 million tons of carbon emissions by adopting Circular Business principles.
Automotive Leadership: Volvo Cars Aspires To Become A Circular Business
In this article, Robert Austin discusses how Volvo Cars hopes to save more than $100 million in annual operating costs while reducing 2.5 million tons of carbon emissions by implementing Circular Business principles.