Volvo Cars, the premium car maker, has been recognised by the United Nations for its ground-breaking electrification strategy in the latest report from the UN’s Global Compact, the world’s largest corporate sustainability initiative.
Volvo Cars believes the global automotive industry should strive towards the introduction of a standardised charging infrastructure for electric cars, says Dr Peter Mertens, the company’s Senior Vice President for Research & Development.
The pace of change at Volvo Cars will remain undiminished in coming years despite recent success in tripling its operating profit in 2015 to SEK6.6bn, according to Håkan Samuelsson, president and chief executive.