Volvo Group and CRH have joined forces in Eskilstuna, Sweden, signing an MoU to collaboratively propel the transition to net-zero through on-road and off-road vehicle solutions.
The partnership aims to leverage cutting-edge technology and enhance operational efficiency in construction, aligning with both companies' ambitious emission reduction targets.
Bruno Blin, President, Renault Trucks, will lead the on-road partnership team, while Melker Jernberg, President, Volvo CE, will lead the off-road partnership team.
The partnership builds upon previous successful collaborations between the two companies, including the development and deployment of the first fully electric concrete mixer in the UK and the introduction of the first Volvo FM Electric truck in France.
The collaboration extends beyond on-road and off-road segments, demonstrating a comprehensive approach to decarbonisation in the construction industry. The partnership aims to further drive sustainable transport models and contribute to a more environmentally conscious future.
Volvo CE delivered North America's first fossil-free steel articulated hauler earlier this year, now in operation at Pennsy Supply, a CRH company.
Volvo Group targets 35% fully electric sales by 2030 and aims for net-zero status in its value chain by 2040. CRH, a leading building materials solutions business, is committed to a 30% reduction in group-wide emissions by 2030 and envisions becoming a net-zero business by 2050. This collaboration draws on the expertise of both organizations to address emissions across CRH's diverse operations.
CRH, through its Innovation Centre for Sustainable Construction, will contribute its expertise to identify opportunities for sustainable innovation in construction. Meanwhile, Volvo Group's brands, including Volvo Trucks, Renault Trucks, Mack Trucks, and Volvo Construction Equipment (Volvo CE), will provide their insights into sustainable transport and infrastructure solutions.
Eunice Heath, Chief Sustainability Officer, CRH, stated, 'At CRH, we're innovating for a low-carbon future, and with deep expertise in sustainable transport and infrastructure solutions, Volvo Group is a natural strategic partner for CRH. This collaboration is an important step in our shared commitment to decarbonizing our businesses.'