Volvo Cars’ CFO states that the company will meet this year’s emission requirements despite the fact that only a minimal part of new car sales consists of electric cars.
Despite a vanishingly small proportion of fully electric cars, Volvo Cars will meet the EU’s tougher emission requirements for 2021. This is stated by CFO Björn Annwall for Ekot.
– We can say already now that we will meet those requirements with no problem, he says.
Volvo does not risk having to pay fines and may also sell emission rights to other car brands that did not sell as many electrified cars, something the company did last year.
Volvo now meets the requirements is largely due to the sale of plug-in hybrids. In total, rechargeable cars (both electric cars and plug-in hybrids) are for one in four Volvo cars sold globally.