Business
Top Autos CEO Warns Of Battery Supply Scarcity As EV Competition Heats Up
April 29, 2022
September 23, 2021
Volvo Cars want all the models it sells to be leather-free by 2030, a move that represents the latest example of how automakers are looking to make their vehicles more sustainable. In an announcement Thursday, the Swedish firm also said it wanted a quarter of the material used in its new cars to “consist of recycled and bio-based content” by 2025.
In March, Volvo Cars — which is headquartered in Sweden but owned by China’s Zhejiang Geely Holding Group — said it planned to become a “fully electric car company” by the year 2030. “There is no long-term future for cars with an internal combustion engine,” Henrik Green, Volvo Cars’ chief technology officer, said at the time. “We are firmly committed to becoming an electric-only car maker and the transition should happen by 2030,” Green said.
As concerns about sustainability mount, companies from a range of sectors are looking at new ways of packaging and delivering their products in a bid to mitigate their environmental footprint.
In June, consumer goods giant Unilever said a prototype of what it described as a “paper-based laundry detergent bottle” had been developed for its brand OMO and would be introduced to Brazil by early next year. Earlier this month, online food delivery business Just Eat said it would work with CLUBZERO to trial reusable packaging in London over a three-month period.
In Feb. 2020, Just Eat said it had, together with packaging firm Notpla, developed a “fully recyclable” takeout box lined with seaweed.
Analyst View
It is a good thing that every segment of industry is embracing sustainability as part of their process planning, most particularly the automobile industry. This herd effect that transverse, food processing, communications, construction, and FMCG generally will hopefully keep our environment safer.
SOURCE: CNBC