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The Future of Ideas

The following article is an initiative of Volvo cars India and is intended to create awareness among readers

March 30, 2020 / 19:29 IST

There has never been a better time to be an inventor. Or a tinkerer. Or a budding green techie. At the cusp of Industry 4.0, the opportunities for creating something new, are evenly matched by our abilities to do so. With investments into new materials, AI, cloud and cognitive computing, and even smart factories; the technology to make the impossible possible already exists.

What’s more, the world right now craves solutions to some really big ticket problems. Which of course means that there is enormous opportunity in the business of these solutions. One look at the success stories of solar power and electric vehicles tells us that consumers exist, and so does the political will to adopt green technologies and solutions.

What’s even more encouraging for green techies and tinkerers, is that their work will find eager consumers in the world of manufacturing. Across the board, there is a significant drive to adopt solutions that help businesses become more environmentally sustainable and reduce their carbon footprint; while making them more competitive.

Volvo Cars is a great example of this. Not only are they launching a new electric model every year since 2018, but have also pledged that 50% of all cars sold will be electric, by the year 2025. Additionally, they are cutting down by half, the carbon footprint of producing their cars.