The company is also exploring the possibility of using a hybrid system in the future. This could be a combination of a small electric motor and a traditional combustion engine. This system would be able to provide a significant boost in fuel efficiency and reduce emissions. Volvo is committed to achieving carbon neutrality by 2040. This ambitious goal requires a comprehensive approach, including the development of sustainable and efficient technologies, as well as a shift towards a circular economy. Volvo is actively working on developing sustainable and efficient technologies, such as biofuels, hydrogen fuel cells, and advanced battery technology. These technologies are crucial for achieving carbon neutrality and reducing the environmental impact of its vehicles.