April 29, 2008
Stockholm, Sweden – Delegates from the Swedish automotive industry will be present at the Advanced Automotive Battery and Ultracapacitor Conference and Symposia in Florida this May to meet international representatives from the vehicle battery industry. The delegates aim to strengthen the Swedish vehicle battery cluster with further investment and expand the research and development of plug-in hybrid electric vehicles (PHEV).
Over a five-year period, a joint venture of Volvo, SAAB, energy company Vattenfall, ETC Battery FuelCells Sweden, and the Swedish State and Swedish Energy Agency will invest approximately US$40 million to develop next-generation PHEVs. As vehicle manufacturers such as Volvo, SAAB and Scania expand their hybrid technology, there is a need for specialists in the field to establish themselves in the battery cluster.
“The only vehicle with zero emission in the tailpipe is an electrical vehicle,” said Hans Folkesson, chairman of the Swedish Hybrid Vehicle Centre research facility. “Our biggest challenge at the moment is the energy storage needed to realize this.”