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Volvo Cars to lower CO2 emissions and save billions using circular business principles

Volvo Cars aims for annual savings of SEK 1 billion and reductions of 2.5 million tonnes in carbon emissions from 2025 using circular business principles. Supporting the company’s long-term goal of becoming a circular business by 2040, Volvo Cars will create closed material loops for emission-heavy materials such as steel and aluminium, as well as remanufacture, repair, reuse and refurbish parts. “Volvo Cars has one of the most ambitious climate plans in the car industry, an...