At CES 2025, Volvo Group announced its ambitious goal of becoming the world's first transport company with 100% clean operations by 2040. This aligns with global efforts to combat climate change and sets new benchmarks for sustainability in the transport and logistics sectors. The company's approach includes a range of zero-emission vehicle technologies, including electric and hydrogen-powered trucks. Martin Lundstedt, Volvo Group's President and CEO, emphasized the urgent need for a rapid transition to cleaner transport solutions, given the projected quintupling of global freight volumes by 2050. Lundstedt outlined Volvo's three-pronged approach to fossil-free transportation, focusing on battery electric vehicles, hydrogen fuel cells, and combustion engines running on renewable biofuels. He called for collaboration across industries to scale up clean technologies and highlighted the importance of supporting infrastructure like charging networks and hydrogen refuelling stations. Volvo emphasized the necessity for policymakers to incentivize sustainable practices and streamline the transition for logistics providers. While acknowledging challenges like technology costs and policy alignment, Volvo remains optimistic about achieving its 2040 target, drawing on its history of innovation and sustainability leadership.