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Paris Motor Show: Volvo’s future lies with electric cars

Stefan Jacoby, president and chief executive officer of Volvo Cars, believes the future of the company lies in electric cars.

Jacoby made the bold claim at the Paris Motor Show today that Volvo would “set the standard in the industry” with its Volvo C30 DRIVe electric car which will go into production in 2011.

It’s the first international motor show for Jacoby in his new position after he joined Volvo on August 16.

The C30 DRIVe electric has a potential range of 93 miles on a full and will go into production early next year ready for test fleets in the Europe, China and the US.

Jacoby also said Volvo will have a plug-in hybrid on offer in 2012, combining an electric power with a diesel hybrid engine. The Volvo plug-in hybrid will have CO2 emissions, below 50 grams CO2/km.

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