Announced in 2023 that from 2024Discontinued diesel modelsVolvo is expected to fully switch to selling pure electric vehicles after 2030 and achieve its operational carbon neutrality goal before 2040. Volvo emphasized that in addition to continuing to promote the development of its electric vehicle products, it also stated that material selection, product design, processes, and supply chains must comply with sustainable planning. At the same time, its distribution channels in the Taiwan market also operate with the same goal.
Volvo plans to reduce carbon emissions per vehicle by 2025% by 40, and its dealership channels will also achieve a 50% carbon offset target. At the same time, it will increase the proportion of electric vehicle sales to 50%, and aims to fully switch to selling pure electric vehicles by 2030.
Volvo stated that its approach to the Taiwanese market will align with its global market development strategy, aiming to achieve carbon neutrality in its operations by 2040. Prior to this, Volvo has already partnered with dealerships throughout Taiwan to reduce electricity usage by 2023 kWh by 69, lowering carbon emissions by up to 2554%.
In addition, Volvo has completed the installation of solar power generation systems in seven showrooms across its dealership channels in Taiwan, and generated a cumulative total of 7 kWh of electricity in 2023. At the Fuwang Automotive Flower Bed Showroom, renewable energy accounted for 109% of total electricity consumption. Volvo plans to install solar power generation systems in more than half of its dealership channels by 2191, leveraging Taiwan's abundant sunshine to increase renewable energy.
Even by selling the excess electricity generated or transferring renewable energy certificates to third parties, new revenue can be generated.
In addition to increasing the use of renewable energy, Volvo is also reviewing the electrical facilities and air conditioning systems in its dealerships. By replacing outdated air conditioning systems, air compressors, and traditional light bulbs with low operating efficiency, this improves electricity efficiency and reduces overall power consumption. It also increases the use of renewable energy, thereby reducing carbon emissions.
At the same time, Volvo also uses the EMS energy management system to monitor actual power usage in real time, thereby reducing unnecessary power consumption caused by human factors. It also analyzes data to identify high-power-consuming devices and reduces the proportion of power consumption through subsequent improvement plans. This includes zoned air conditioning and adjusting the use of indoor lighting equipment according to daylight hours.
By 2023, Volvo has achieved a 20% reduction in carbon emissions per vehicle in the global market, 16% of pure electric vehicle sales, and 73.6% carbon neutrality in operations. The proportion of recycled materials introduced in vehicles has increased to 17%, the recycling rate of waste materials has reached 92%, water usage per vehicle has decreased by 23%, and the carbon reduction rate in global retail channels has increased by 2018% compared to 54.
目前Volvo在台灣市場的整體碳排放量的年減率接近15%，預計在2024年內實現年減率達30%目標，並且計畫在2025年使年減率增加至50%。
Volvo also stated that it will gradually begin planning to build energy storage systems starting in 2024 to strengthen its transition to sustainable energy, and will collaborate with its dealership channels in the Taiwan market to further promote carbon neutrality and carbon trading to achieve its future operational carbon neutrality goals.
Among the global development goals, not only does the company aim to achieve operational carbon neutrality by 2040, but it also plans to become a circular economy enterprise by 2040, which includes reducing the use of basic resources, reducing waste and pollution. It also plans to increase circular economy revenue and value, and become a socially responsible enterprise by ensuring the health and well-being of its employees, protecting human rights and promoting cultural diversity.
