Volvo’s EV strategy praised in United Nations report

Volvo Cars has been recognised for its electrification strategy in the latest report from the UN’s Global Compact, the world’s largest corporate sustainability initiative.

The report focuses on the progress that Global Compact members have made in supporting the delivery of the UN’s Sustainable Development Goals (SDGs). It highlights 10 chief executives that have taken particularly bold and disruptive action, including Volvo Cars’ President and Chief Executive, Håkan Samuelsson.

The Global Compact has also recognised Volvo Cars as a 'lead' member, a group of the most ambitious companies within the Global Compact. A founding member of the Global Compact, Volvo Cars is one of only 44 lead companies out of a total of 9,500 members - and one of only two car makers.

From 2019, every new Volvo car launched will have an electric motor.

As part of its strategy, Volvo Cars will launch five fully electric vehicles between 2019 and 2021. Three of these cars will be Volvo models and two will be Polestar performance cars. These cars will be supplemented by a range of plug-in hybrid and mild-hybrid options on all models.