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Geely aims to become a leader in the eco-friendly car segment

Geely has published a report detailing the company’s performance in areas such as climate change, environmental protection, corporate governance and more. In the future, the strategy will reduce harmful emissions from car production, as well as switch to car production using alternative energy sources.

With 2020 as a target, Geely aims to reduce vehicle lifecycle carbon emissions by more than 25% by 2025, and is committed to achieving full carbon neutrality in 20 years.

In order to reduce emissions, the company is implementing a number of measures to organize its supply chains, as well as the production and use of vehicles. These measures include the use of renewable electricity and recycled materials by suppliers, and an increase of up to 40% in the share of sales of cars powered by new energy sources (including the Zeekr brand) in total sales by 2025. All this will help the Chinese enable you to become a leader in the global transformation of the economy.

Such an approach will allow not only to reduce costs, but also to attract cheap financing, which is important for the development of production and the development of new technologies. For example, the company can issue so-called green bonds and attract loans at low rates.

With 2020 as a target, Geely aims to reduce vehicle lifecycle carbon emissions by more than 25% by 2025, and is committed to achieving full carbon neutrality in 20 years.

In order to reduce emissions, the company is implementing a number of measures to organize its supply chains, as well as the production and use of vehicles. These measures include the use of renewable electricity and recycled materials by suppliers, and an increase of up to 40% in the share of sales of cars powered by new energy sources (including the Zeekr brand) in total sales by 2025. All this will help the Chinese enable you to become a leader in the global transformation of the economy.

Such an approach will allow not only to reduce costs, but also to attract cheap financing, which is important for the development of production and the development of new technologies. For example, the company can issue so-called green bonds and attract loans at low rates.

Source: Avto Vzglyad

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