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    MP Cabinet Clears Rs 13,790 Crore Package: 8 Key Decisions on Sports, Irrigation, Power, Courts

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    IIT Delhi Develops India’s First Indigenous Micro-GPU

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Volvo Group partners with Indian suppliers to become climate-neutral by 2040

By: Editorial Desk

by Editorial Desk
August 21, 2024
in News
Reading Time: 1 min read
Volvo Group partners with Indian suppliers to become climate-neutral by 2040

Volvo Group partners with Indian suppliers to become climate-neutral by 2040

Summarize with:

Bangalore: The Volvo Group has partnered with Rane (Madras) Ltd. to develop fossil-free tie rods and linkages which are crucial parts that steer the wheels of Volvo trucks. Across the whole supply chain, these products are made entirely of renewable energy, removing the need for hazardous materials and fossil fuels.

The Volvo Group Trucks will use fossil-free parts from Indian suppliers, which could cut carbon dioxide emissions by 13,000 tons a year. Madras Engineering Industries Private Limited (MEI) and Rane (Madras) Ltd., two important supply partners from Chennai, India, have worked with Volvo Group on this project. To ensure a genuinely sustainable production process, the creative approach also makes use of electric vehicles for material movement and steel free of fossil fuels. Madras Engineering Industries Private Limited (MEI) and the Volvo Group have also worked together to produce ferrous castings, another essential automotive component that is free of fossil fuels.

Volvo Group’s supply chain, which includes international suppliers based in India, is dedicated to achieving climate neutrality by the year 2040. The Volvo Group created and began sourcing fossil-free castings from India in 2022.

Also Read –
  • Ola unveils new e-motorcycle series to accelerate EV adoption in India
Summarize with:
Tags: climate-neutral by 2040Indian suppliersMadras Engineering Industries Private LimitedRane (Madras) LtdVolvo GroupVolvo Group TrucksVolvo trucks
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