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 On November 22, Shanghai, China, the Volvo Construction Equipment Green Development White Paper and New Product Launch Conference with the theme of "Triggering Change, Renewing the Way Forward" was successfully concluded at Volvo Construction Equipment's Shanghai headquarters. At the event, Volvo Construction Equipment officially released the green development white paper "Walking with Volvo · Building a Better Future", and together with government leaders, industry partners, local dealers, customers and other parties witnessed the heavy debut of Volvo Construction Equipment's new electrified produc𝔍t series and new products that meet China's "National IV" emission standards for non-road mobile machinery.

On November 22, 2022, Shanghai, China, the Volvo Construction Equipment Green Development White Paper and New Product Launch Conference with the theme of "Triggering Change and Moving Forward" was successfully concluded at Volvo Construction Equipment's Shanghai headquarters. At the event, Volvo Construction Equipment officially released the green development white paper "Building a Better Future with Volvo" and witnessed the launch of Volvo Construction Equipment's new electrified product series and new products that meet China's "National IV" emission standards for non-road mobile machinery together with government leaders, industry partners, local dealers, customers and other parties.

The "20th National Congress" report pointed out that it is necessary to promote the high-end, intelligent and green development of the manufacturing industry, accelerate the research and development and promotion of advanced energy-saving and carbon-reduction technologies, and promote the clean and low-carbon transformation of industries, construction, transportation and other fields. As a global leading construction equipment manufacturer and overall solution provider, Volvo Construction Equipment has always integrated the concept of green development into all aspects of its business development, and worked with upstream and downstream of the value chain to jointly promote the sustainable development of the industry and even the whole society. At present, Volvo Construction Equipment has joined the Science Based Targets Initiative (SBTi), committed to achieving net zero greenhouse gas emissions across the entire value chain by 2040 and completing the transition to 100% non-fossil fuels.

Coinciding with China's "dual carbon" strategic goal, the newly released Volvo Construction Equipment's green development white paper "Walking with Volvo · Building a Better Future" has received guidance and endorsement from many experts from academia and industry associations, and also embodies Volvo Construction Equipment's prudent thinking and forward-looking insights on the industry's move towards a sustainable future. With the official release of the green development white paper "Walking with Volvo · Building a Better Future", Volvo Construction Equipment will continue to build on its ecological niche as an advocate and leader of the industry's green transformation, calling on more industry partners to join the low-carbon action and work together to explore the infinite possibilities of building a sustainable ecology ওin the infr🔜astructure industry.

“This year, all industries are sprinting towards China's '14th Five-Year Plan' and 'dual carbon' strategic goals, and the construction machinery industry will also usher in a critical period of switching from 'National III' to 'National IV' emission standards at the end of this year. Standing at the intersection of the times, green development has become a must-answer question for the industry. Facing the development requirements of the new era, Volvo Construction Equipment firmly believes that: 'innovation' is a way to break the deadlock that will never be outdated. "Volvo Construction Equipment is committed to its mission and is the first to deliver, bringing a number of new electrified products and new models that meet China's 'National IV' emission standards for non-road mobile machinery," said Chen Lin, president of Volvo Construction Equipment China. "It will help Chinese customers and partners achieve their respective sustainable development goals and lead the green transformation of the infrastructure industry and China's economy and society." ”

The many new Volvo construction equipment models that meet the "National IV" emission standards unveiled at this event are ready to be delivered to Chinese customers one after another. The new Volvo construction equipment electrification series with outstanding advantages such as zero exhaust, low noise, and high efficiency will also officially land in the Chinese market, defining the new background of the development of China's construction machinery industry with green. In the future, based on the latest "New China Strategy", Volvo Construction Equipment will gradually upgrade the Shanghai and Linyi plants to two key production centers in the company's global manufacturing map, using China's complete industrial system to radiate the global market, and under the guidance of the Science-Based Carbon Target Initiative, feed back and strengthe✃n the green and high-quality development of China's business.

At the age of 20, Volvo Construction Equipment's achievements in China over the past 20 years are an important epitome of the brand's nearly 200 years of innovation. Volvo Construction Equipment is constantly exploring the forefront of environmental innovation, providing green and efficient products, technologies and services for China's construction machinery industry, and has become a witness and contributor to China's move towards a lower-carbon, more energy-efficient future. In the future, Volvo Construction Equipment will continue to actively embrace every opportunity to take advantage of the situation and spare no effort to make low-carbon and environmentally friendly contributions to its customers, the industry, and even the entire society. Walk 🐬with Volvo and build ꦍa better future together.