Volvo
very bullish on hybrid vehicles?
Wednesday,
September 27, 2006
I flipped
on CNBC yesterday and the CEO of the
Volvo Group was on Morning Call.
Eventually, the hybrid question was
asked, and I was surprised by what the
CEO had to say. While I can't quote him,
he essentially stated that hybrid
technology was the key to energy
efficiency. He further noted that Volvo
was far along in its hybrid development
program, and that Volvo is selling
hybrid versions of heavy duty trucks
outside of the U.S. Ultimately, I found
it very interesting that the CEO didn't
claim that hybrids were an important
part of their future plans, but were key
to the future. Oh, those crazy
diesel-loving Europeans.
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