“Electric Cars will not take more than 1% of the car market in 2020!” says Volvo boss

We are used to car companies talking up their plans for electric cars, but in a man-bites-dog speech, the boss of Volvo says it isn’t going to happen. Stefan Jacoby, the CEO of Volvo said in a speech in Brussels, that without significant help at a European level, electric vehicles will not take more than 1% of the car market in 2020.