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.
Related
Lock The Door Before Xi Arrives
The only policy that has kept Chinese cars off American roads is a regulation, not a law.
What Caused Volkswagen's Profits To Drop In The Second Quarter
The company posted operating profit of €3.5 billion for the quarter and lowered its full-year revenue outlook from expected growth to a possible 3% decline
Why Did Tesla And Alphabet Shares Fall After Earnings
Both companies defended the increased spending, arguing the investments will support future growth
Senate Panel Advances Bill Targeting Chinese-Linked Vehicles
The legislation, introduced by Republican Senator Bernie Moreno and Democratic Senator Elissa Slotkin, would formally establish restrictions first proposed under the Biden administration.
Latest
US, Saudi Forces Strike Iran-Backed Militia Sites In Iraq
The operation was aimed at weakening the groups' capabilities following a rise in attacks threatening American forces and Saudi energy infrastructure.
Supreme Court Approval Falls To Record Low, Gallup Poll Finds
Approval among Democrats and independents remained largely unchanged at 12% and 35%, respectively.
Why Is Trump Asking The Supreme Court To Overturn The Carroll Verdict
An appeals court previously rejected that argument, describing the damages award as reasonable given the facts of the case.
Paradise Lost, Government Gained
But for those who took the risk of signing the Declaration, it was the document’s affirmation of the individual over government that became the hill they would die on if necessary.