Volvo outlines path towards zero-emission products

Volvo Group President and CEO Martin Lundstedt, together with members of the company’s Executive Board, laid out a strategy to drive the transformation of the transport industry and the supporting infrastructure. The Group staked out a number of ambitious goals during the well-produced virtual session: 100% fossil-free Volvo products by 2050 > 30% of vehicle sales accounted for by electric vehicles by 2030 > 50% of Group revenues from services. The presentation emphasized the Group’s existing strong position in electrification – with electric vehicles already at work in the field across many sectors including buses, trucks, firetrucks and crew transport ferries.