Volvo CEO Criticizes EU’s Strategy on CO2 Emissions Reduction and Electric Cars

March 22nd, 2012 by By autohotest # Volvo

Volvo C30 Front 585x389 Volvo CEO Criticizes EU’s Strategy on CO2 Emissions Reduction and Electric Cars

The President and also the CEO of Volvo Cars, Stephan Jacoby stated that the European Commission’s plan of reducing CO2 emissions and supporting electrification across Europe is incorrect. he said such statement at an industry seminar in Brussels yesterday.

He stated that their lack of a cohesive incentive policy and over- optimistic objectives designed by the EU would not cost them with the most wanted washback. The limitation for many European buyers from adopting hybrid and all- electric vehicles was the high cost of them.

Jacoby said in a statement “Volvo Car Corporation urges the EU to coordinate incentives while supporting research and development. In the long-term, this jeopardizes our industry’s competitiveness and European jobs.”

That means that if such thing does not happen, European carmakers have to deal with the results. The Commission’s White Paper on Transport is unrealistic. The White Paper on Transport itself has an aim of reducing greenhouse gas emissions by sixty percent in 2050. It is also stated that by 2050 conventionally powered cars have to be totally introduced.

The fact is supporting Jacob’s disagreement indeed. In 2011, no more than 50,000 units electric vehicle were distributed globally. It was contributing nearly 0.1 percent of total sales. Thus, the ES’s estimation that all- electric and plug- in hybrids sales will improved by 30 percent in 2030 is illogic.

Jacoby added that if EU wants to reach its objectives then it have to offer incentive just the same with what have been done by U.S. tax.

Volvo itself actually has already had the V60 Plug- in Hybrid and C30 electric compact that was manufactured in a limited number.

Stephan Jacoby 585x390 Volvo CEO Criticizes EU’s Strategy on CO2 Emissions Reduction and Electric Cars

 Volvo V60 Rear 585x390 Volvo CEO Criticizes EU’s Strategy on CO2 Emissions Reduction and Electric Cars

 

Volvo V60 Plug In 585x390 Volvo CEO Criticizes EU’s Strategy on CO2 Emissions Reduction and Electric Cars

 

Volvo C30 Interior Features 585x389 Volvo CEO Criticizes EU’s Strategy on CO2 Emissions Reduction and Electric Cars

 

Volvo C30 Charging 585x389 Volvo CEO Criticizes EU’s Strategy on CO2 Emissions Reduction and Electric Cars

 

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