Ford was forced to pause sales of its plug-in hybrid Kuga, which the brand relied on to meet its CO2 targets. As a result, Ford will have to buy CO2 credits from Volvo, ahead of its targets.
In life, things don’t always go as planned. Talk to Ford, which already saw itself achieving its CO2 targets set by the European Union for 2020, as part of the Corporate Average Fuel Economy (CAFE) regulations.
The American brand relied on the plug-in hybrid version of its Kuga to lower its CO2 emissions and thus meet its target of around 98 g / km (NEDC) on average per vehicle sold in the EU. The only snag, a battery overheating problem affecting said SUV has prompted Ford to recall more than 20,000 copies of its plug-in hybrid Kuga and to temporarily stop its marketing.
“Based on our product plan and production schedule for this year, we expected to comply with the new regulations. However, given the current issue of supplying batteries with the Kuga PHEV, Ford will now enter a pool to meet EU emissions regulations of 2020 without penalty for passenger vehicles ”, explained a spokesperson for Ford Europe.
Help found in an old acquaintance
We learn today that it is on the side of Volvo, formerly owned by the American group sold to Chinese Geely in 2010, that Ford has found a partner. Indeed, the regulations allow manufacturers to join forces within a pool, in order to pool their emissions. Some manufacturers behind on their objectives therefore prefer to ally themselves with manufacturers in advance, for a fee, buying them somehow “CO2 credits”, rather than paying fines to the European Commission. For example, the Fiat Chrysler Automobiles group has joined forces with Tesla.
Ford will therefore join Volvo Cars and its subsidiary Polestar, confident in their ability to reach their CO2 objective for the year 2020, set at around 110 g / km (NEDC). Volvo has been betting on electrification for several years now, and from January to August 32% of the Swedish automaker’s sales in the EU concerned plug-in hybrid models, according to an inventory by the NGO International Council on Clean Transportation (ICCT).