CEMEX announced today that it will work together with Volvo Construction Equipment and Volvo Trucks (Volvo) to develop a zero-emissions fleet with electromobility solutions that aligns with CEMEX’s climate action program, Future in Action.

The companies have reached a memorandum of understanding to closely collaborate to improve productivity and CO2 footprint through the global implementation of electromobility solutions on mobile construction equipment and trucks, productivity solutions and uptime services. Initial developments and trials of technologies are planned for a European site.

Under its Future in Action program, CEMEX recently announced a leading industry climate action target of below 475 kg CO2 per metric ton of cementitious materials, an approximate >40% reduction in CO2 emissions, by 2030. This new goal aligns with the Well Below Two Degree scenario of the Science-Based Target initiative (“SBTi). The company also reaffirmed its 2050 goal of being net-zero carbon in concrete.