Volvo introduced a detailed strategy showcasing a range of zero-emission vehicle (ZEV) technologies, such as electric and hydrogen-powered trucks

The Path to Zero Emissions
Volvo has unveiled a detailed strategy that incorporates a range of zero-emission vehicle (ZEV) technologies, including electric and hydrogen-powered trucks. The company stressed the urgent need to accelerate the transition to cleaner transport solutions, particularly as global freight volumes are projected to increase fivefold by 2050. Volvo’s plan prioritizes renewable fuels, advanced battery systems, and hydrogen fuel cell technologies to meet the varied requirements of long-haul and urban transportation.
In his keynote address, Martin Lundstedt, President and CEO of Volvo Group, emphasized the company’s dedication to a three-pronged approach for achieving fossil-free transportation: battery electric vehicles, hydrogen fuel cells, and combustion engines powered by renewable biofuels. He remarked, “Transforming mobility is a full-scale societal issue, and we are urgently driving that forward.”

Lundstedt highlighted Volvo’s commitment to setting an example for the industry. “This is not just a challenge for Volvo but a call to action for the entire sector,” he stated during his address. He further noted that collaboration across various industries will be essential to scale clean technologies effectively.
Supporting Infrastructure and Policies
Volvo also emphasized the critical role of supporting infrastructure, such as extensive charging networks and hydrogen refueling stations. The company urged policymakers to establish frameworks that incentivize sustainable practices and facilitate a smoother transition for logistics providers.
Amid the accelerating effects of climate change, Volvo Group maintains that strategic partnerships across industries and governments are essential for driving progress. The company is embedding sustainable practices into its operations and advocating for the creation of enabling conditions to deliver fossil-free transport and infrastructure solutions that benefit both society and the planet.
Challenges and Prospects
While expressing optimism, Volvo acknowledged the hurdles ahead, such as the high costs of emerging technologies and the need for coordinated global policies. Nonetheless, with a legacy of innovation and leadership in sustainability, the company remains confident in its ability to achieve its 2040 target.
