Joint venture with Volvo

Vattenfall and Volvo have launched a Joint venture to put plug-in hybrid vehicles on the market in 2012.
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Electricity offers new possibilities for efficient and sustainable private vehicle transports. Vattenfall and Volvo Cars are combining their respective competences from the energy sector and the car manufacturing industry. In January 2007, the Volvo Car Corporation and Vattenfall launched a joint project with the aim of testing and developing Plug-in technology. The cooperation is now being taken to the next level.

Together in a joint venture, the goal is to series-produce plug-in hybrid vehicles and introducing them on the market as early as 2012. Plug-in technology will considerably lower the environmental impact from traffic. In addition, owning a Plug-in hybrid vehicle will be convenient since you can fuel up at home and fuel costs are significantly lower.

Vattenfall and the Volvo Car Corporation believe that series production of Plug-in hybrid cars and the development of infrastructure will also generate new jobs and keep Sweden at the cutting edge of advanced pro-environmental technology.