GOTHENBURG, Sweden, June 20,
2023 /PRNewswire/ -- Volvo Group has signed an
agreement to collaborate with Heidelberg Materials, one of the
largest building materials companies in the world. The aim
is to reduce carbon emissions in the construction sector by jointly
investigating and developing how loading and hauling needs can be
solved with the help of electrified vehicles and related
services.
The partnership will see several of Volvo Group's customized
electric product and service solutions put to work across much of
Heidelberg Materials' Northern European operations, starting this
year. The purpose is to support the adoption of emission-free
transport and loading equipment solutions in the industry. The
cement and concrete industries are responsible for around 8 per
cent of the planet's carbon emissions. Finding ways to reduce its
climate impact is vital for Heidelberg Materials to reach net-zero
carbon emissions across its value chain.
"Collaborative partnerships like this address climate change
across the value chain. While we are focused on reducing carbon
emissions for both our products and our own operations, we are also
committed to helping our customers lead by example through
innovative collaborations that deliver much-needed change," says
Martin Lundstedt, President and CEO
of Volvo Group.
At Heidelberg Materials Northern Europe, land-based
transport accounts for a total of 6 per cent of the value
chain carbon footprint. Electrification of the fleet in the region
has the potential to reduce annual emissions by up to 200,000 tons.
In addition, electrified vehicles deliver quieter and better
working environment and urban surroundings.
As part of this agreement, Volvo Group's emission-free solutions
– a mix of electric trucks, and construction equipment, machines,
and productivity services – will be put to work in several
Heidelberg Materials' sites and quarries. One example of the
equipment that will be employed by Heidelberg Materials is Volvo
Construction Equipment's recently introduced 20-ton wheel loader
L120H Electric Conversion which, with zero exhaust emissions and
near-silent performance, also benefits operators when performing
indoor work.
The six-month feasibility study will be carried out during 2023
to decide which emission-free vehicle technologies and charging
infrastructure solutions will best suit the requirements of
Heidelberg Materials. This holistic study presents a unique
opportunity to map, tailor and implement a complete CO2
reduction program throughout the operations' transport and loading
activities.
"The partnership with Volvo is a lighthouse project in our
industry and has the potential to significantly push the
decarbonisation of our entire value chain in Northern Europe.
We look forward to working together to identify and implement
state-of-the-art solutions for a fast climate transition in the
construction sector," says Heidelberg Materials CEO Dr Dominik von Achten.
Journalists wanting further information, please
contact:
Claes Eliasson, Volvo Group
Media Relations, +46 76 553 72 29
For more information, please visit
https://www.volvogroup.com/en/
For frequent updates, follow us on Twitter: @volvogroup
The Volvo Group drives prosperity through transport and
infrastructure solutions, offering trucks, buses, construction
equipment, power solutions for marine and industrial applications,
financing and services that increase our customers' uptime and
productivity. Founded in 1927, the Volvo Group is committed to
shaping the future landscape of sustainable transport and
infrastructure solutions. The Volvo Group is headquartered in
Gothenburg, Sweden, employs more
than 100,000 people and serves customers in almost 190 markets. In
2022, net sales amounted to SEK 473
billion (EUR 45 billion).
Volvo shares are listed on Nasdaq Stockholm.
The following files are available for download:
https://mb.cision.com/Main/39/3789733/2138440.pdf
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SOURCE AB Volvo