During a live press conference at the Paris Motor Show, Volvo's newly appointed chief executive officer, Stefan Jacoby, stated that the company's future lies in electric cars. Jacoby proudly proclaimed, "we will set the standard in the industry" and with plans calling for the C30 DRIVe electric to enter production in 2011 and an unnamed plug-in hybrid diesel slated for 2012, he wasn't kidding. Apparently, he's had a change of heart since moving away from Volkswagen.
Volvo's new CEO emphasized the importance of electrification and called attention to the C30 DRIVe as a shining example of the automaker's accomplishments in the battery-powered segment. Jacoby said the company's electric commitments begin with a limited production run of electrified C30's that will head out to test fleets in Europe, China and the U.S. early next year.
But Volvo's electric plans don't end there. In 2012, Volvo will offer a plug-in hybrid diesel that aims to put just about any of its competitors to shame. With a projected CO2 emissions rating of under 50 grams per kilometer, this plug-in hybrid figures to be one of the cleanest in the world. Jacoby stopped short of announcing which model would be fitted for plug-in hybrid duties, but we'd put our money down on either the V70 or S60. Hit the jump for more on Volvo's electric future and click here to watch Jacoby outline Volvo's future. Hat tip to David!