Cheap car insurance news
09/06/2009

Plug in car green but not affordable


Volvo's new concept car highlights the growing trend amongst car manufacturers to find the greenest car. The concept car which runs on a plug in battery could be on the market as soon as 2012 but is likely to have a high purchase price and you will be lucky to find cheap car insurance for it.

The lithium battery has enough power to last up to 50 kilometres and has emissions below 50 grams of carbon dioxide per kilometer; about half the emissions of the best hybrids on the current market.

Volvo Cars chief executive Stephen Odell said, "This is a significant leap compared to our earlier plans of offering a regular full-hybrid on the market by 2012."

Odell has called on politicians to introduce incentive schemes to make the new technology more affordable.

"We do of course expect that the purchasing price will be higher," he said. "We are keen to see further subsidies and incentives from the political arena to promote green choice among customers."

Unless a way to decrease the purchase price can be found and ensure cheap car insurance can be found on it, Volvo's new concept car is likely to remain just that, a concept.



News archives


For more information, please see:

Get a cheap car insurance quote now!