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<blockquote data-quote="Weather Man" data-source="post: 16672361" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3743556-volvo-wants-all-its-cars-to-be-leather-free-by-2030" target="_blank"></a></p><p><a href="https://seekingalpha.com/news/3743556-volvo-wants-all-its-cars-to-be-leather-free-by-2030" target="_blank">Volvo wants all its cars to be leather-free by 2030</a></p><ul> <li data-xf-list-type="ul">Volvo Cars (<a href="https://seekingalpha.com/symbol/GELYF" target="_blank">OTCPK:GELYF</a> -8.8%) <a href="https://www.media.volvocars.com/uk/en-gb/media/pressreleases/286448/volvo-cars-to-go-leather-free-in-all-pure-electric-cars-as-part-of-animal-welfare-ambitions" target="_blank">says</a> that all new fully electric vehicle models will be leather-free in the latest auto manufacturer sustainability move. The company plans to offer only electric vehicles by 2030.</li> <li data-xf-list-type="ul">By 2025, Volvo aims to be supplied only by companies using 100% renewable energy and have all new cars contain 25% recycled and bio-content material like the Volvo-designed Nordico, a new interior material made from PET bottles, forest bio-material, and wine corks.</li> <li data-xf-list-type="ul">“Being a progressive car maker means we need to address all areas of sustainability, not just CO2 emissions,” said Director of Global Sustainability Stuart Templar. Livestock is estimated to be responsible for around 14% of global greenhouse gas emissions from human activity, with the majority coming from cattle farming.</li> <li data-xf-list-type="ul">Other car models, such Tesla's (<a href="https://seekingalpha.com/symbol/TSLA" target="_blank">TSLA</a> -0.3%) model 3, have also <a href="https://twitter.com/Tesla/status/1167904985348075520?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1167904985348075520%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.cnbc.com%2F2021%2F09%2F23%2Fvolvo-says-it-wants-all-its-cars-to-be-leather-free-by-2030-.html" target="_blank">shifted</a> towards using leather-free interiors.</li> <li data-xf-list-type="ul">Volvo cars is exploring a separation from parent company Chinese Zhejiang Geely Holding Group <a href="https://seekingalpha.com/news/3740044-volvo-cars-steers-toward-ipo-in-stockholm" target="_blank">through an IPO.</a></li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16672361, member: 137766"] [URL='https://seekingalpha.com/news/3743556-volvo-wants-all-its-cars-to-be-leather-free-by-2030'] Volvo wants all its cars to be leather-free by 2030[/URL] [LIST] [*]Volvo Cars ([URL='https://seekingalpha.com/symbol/GELYF']OTCPK:GELYF[/URL] -8.8%) [URL='https://www.media.volvocars.com/uk/en-gb/media/pressreleases/286448/volvo-cars-to-go-leather-free-in-all-pure-electric-cars-as-part-of-animal-welfare-ambitions']says[/URL] that all new fully electric vehicle models will be leather-free in the latest auto manufacturer sustainability move. The company plans to offer only electric vehicles by 2030. [*]By 2025, Volvo aims to be supplied only by companies using 100% renewable energy and have all new cars contain 25% recycled and bio-content material like the Volvo-designed Nordico, a new interior material made from PET bottles, forest bio-material, and wine corks. [*]“Being a progressive car maker means we need to address all areas of sustainability, not just CO2 emissions,” said Director of Global Sustainability Stuart Templar. Livestock is estimated to be responsible for around 14% of global greenhouse gas emissions from human activity, with the majority coming from cattle farming. [*]Other car models, such Tesla's ([URL='https://seekingalpha.com/symbol/TSLA']TSLA[/URL] -0.3%) model 3, have also [URL='https://twitter.com/Tesla/status/1167904985348075520?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1167904985348075520%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.cnbc.com%2F2021%2F09%2F23%2Fvolvo-says-it-wants-all-its-cars-to-be-leather-free-by-2030-.html']shifted[/URL] towards using leather-free interiors. [*]Volvo cars is exploring a separation from parent company Chinese Zhejiang Geely Holding Group [URL='https://seekingalpha.com/news/3740044-volvo-cars-steers-toward-ipo-in-stockholm']through an IPO.[/URL] [/LIST] [/QUOTE]
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