Energy

Volvo chief stresses importance of charging infrastructure

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A charging station for electric cars on Kurfürstendamm, Berlin.

Jens Kalaene | picture alliance | Getty Images

The chief executive of Volvo Cars described plug-in hybrids as a “very popular concept” on Tuesday, but emphasized the need for government support when it comes to charging infrastructure.

Plug-in hybrid electric vehicles, or PHEVs, are cars which have an internal combustion engine as well as a battery-powered electric motor. Speaking to CNBC’s “Squawk Box Europe,” CEO Håkan Samuelsson referred to the vehicles as a “bridge technology.”

As a company, Volvo Cars has said it wants “around 50%” of the cars it sells to be “pure electric” by the year 2025, with the other half sold as…



Source cnbc.com

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