Volvo announced a bold move on October 16. The auto manufacturer not only introduced the XC40 Recharge, its first production electric car, but also pledged that by 2025 half its cars will be electric, while the rest will be “part electric” (plug-in hybrids) — and that factory-to-showroom carbon emissions will be down 40 percent per vehicle by that time. Volvo itself will be carbon neutral by 2040, said Henrik Green, the company’s chief technology officer.
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