Volvo has crafted an ambitious environmental agenda, making the company the latest automaker to work towards a greener future.
The automaker announced a new vision that will attempt to produce cars that produce no harmful exhaust emissions or environmentally-impacting carbon dioxide. Yes, they said no emissions. And, the company is putting its money where its mouth is by investing $2 billion in the project through 2014.
Volvo and other automakers are working towards the 35.5 mpg federal standard that will be in place as of 2015. The standard was part of the federal legislation passed by Washington last year that legislators, unions, and automakers all agreed on as part of a compromise.
For more information on how automakers are going green, check out this story from The Daily Green.