Volvo Car Corporation challenges EU’s goals and tactics on cutting CO2 emissions; CEO says electrified vehicles will struggle to pass 1% market share by 2020
Green Car Congress
MARCH 20, 2012
Volvo Car Corporation urges the EU to coordinate incentives whilst supporting research and development. In 2011 fewer than 50,000 battery electric vehicles were sold in in the world, equivalent to a market share of about 0.1%. It is far too early to dismiss the conventional diesel and petrol power trains. —Stefan Jacoby.
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