Through close collaboration, it aims to help create the right conditions to boost zero tailpipe emission cars and vans, including through the electrification of corporate fleets and the development of a comprehensive charging infrastructure. Volvo Cars chief executive Jim Rowan will welcome its formation and collaborative approach as part of the Coalition launch during COP27, and encourage more manufacturers to sign the Declaration and join the Coalition. With its ambition to be a fully electric car company by 2030, Volvo Cars intends to influence the pace of the automotive industry's transition to full electrification. He will state: "Combustion engines are technology of the past and we must abandon them if we are to meet the greatest threat facing humanity – climate change." The announcement comes a week after the launch of Volvo Cars' new fully electric flagship, the Volvo EX90. The company intends launch one new electric car every year in the coming years.