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VOLVO PENTA UNVEILS SUSTAINABILITY GOALS

VOLVO PENTA UNVEILS SUSTAINABILITY GOALS

Wednesday, November 25, 2020 

Volvo Penta says its latest technology for the marine commercial will be based on sustainability, automation, electrification, and connectivity, balancing the development of todays technology with future solutions, achieved by predicting and exploring the challenges of today and the needs of tomorrow.

The Volvo Group has announced its ambition to be a net-zero emissions company by 2050, at the latest, and is committing to the Science-Based Targets Initiative (SBTI) – with targets and roadmaps to be established during 2021 - through fossil-free, renewable fuels, electric, and hybrid technology.

President of Volvo Penta, Heléne Mellquist, said: “We have to perform and transform – in parallel. We will perform by improving our current portfolio, based on current customer and market needs. At the same time, we are looking ahead; predicting future needs, and applying innovative technologies to evolve and transform accordingly. Balancing the development of today’s technology and future solutions is a demanding but inspiring challenge.”

Volvo Penta's IPS is one of the company’s success stories in this area. The IPS is future proof – compatible with new technological advances in automation, connectivity, electrification, and zero emissions. The company recently reached a key milestone of 30,000 IPS units in the market.

“It is about designing an experience with ease, precision, and safety in mind,” said Mellquist. “The Volvo Group is also expanding its automation focus, where we believe we can benefit and learn from the commercial transport sector and apply best practices for use at sea.”

Building on the Volvo Group’s knowledge of electrification in the commercial transport sector Volvo Penta is now adapting this technology for marine applications. “We are looking into viable business cases and learning and testing,” said Mellquist. “We are building on our existing fully integrated system approach – but to achieve this we must work closely with partners and customers, especially in the early development phases. A recent example is a collaboration with Danfoss Editron and Danish operator MHO & Co.”

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