Volvo Cars Achieves 31% CO₂ Reduction and 46% Electrified Vehicle Sales Globally

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Volvo Cars has reduced global CO₂ emissions per car by 31% since 2018, with electrified vehicles making up 46% of sales. The company has surpassed its recycled materials target and expanded sustainability efforts in India.

Utsav Chaudhary

Mar 23, 2026 12:01 pm IST

Volvo Cars Achieves 31% CO₂ Reduction and 46% Electrified Vehicle Sales Globally
Volvo Cars Achieves 31% CO₂ Reduction and 46% Electrified Vehicle Sales Globally

Volvo Cars has reported a 31% reduction in global CO₂ emissions per car compared to its 2018 baseline, according to its Annual and Sustainability Report 2025. Electrified vehicles and plug-in hybrids now account for 46% of the company’s global sales, significantly lowering tailpipe emissions by 42%.

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Key Highlights

  • Volvo Cars reduced global CO₂ emissions per car by 31 percent since 2018
  • Electrified vehicles and plug-in hybrids now make up 46 percent of Volvo’s global sales
  • Seven of nine Volvo production facilities use climate-neutral energy accounting for 87 percent of operations
  • Volvo EX60 uses 27 percent recycled materials surpassing the company’s 2025 target
  • Volvo Car India planted over 35,359 trees with a 92 percent survival rate under the Reverse Project

Key Sustainability Achievements

Volvo Cars has made notable progress in reducing its environmental impact. Seven out of nine production facilities now operate on climate-neutral energy, representing 87% of the total energy used in its operations. The company has also surpassed its target of using 25% recycled and bio-based materials in new models by 2025. The Volvo EX60, for example, uses 27% recycled materials.

Water efficiency initiatives have led to a 29% decrease in water withdrawal per manufactured car across all facilities. These efforts align with Volvo’s broader goal to become a net-zero greenhouse gas emissions company by 2040.

Volvo Car India’s Environmental Initiatives

Volvo Car India supports the global sustainability agenda through local projects. Under its Reverse Project, the company has planted over 35,359 native trees at an urban dump yard in Ghaziabad, Uttar Pradesh, achieving an average survival rate of 92%. Currently, Volvo Car India is planting more than 20,000 trees at Matri Van along the Gurugram-Faridabad Highway in Haryana’s Aravalli region.

The company’s dealership network in India emphasizes solar power use, water recycling, and responsible waste management. These initiatives are part of Volvo’s commitment to environmental restoration and sustainable operations in the country.

Corporate Vision and Presence in India

Jyoti Malhotra, Managing Director of Volvo Car India, stated that sustainability remains central to Volvo Cars’ vision globally. The company aims to achieve net-zero greenhouse gas emissions by 2040. Volvo established its presence in India in 2007 and continues to expand its operations and environmental efforts.

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