Martin Lundstedt (Volvo Group) re-elected as Chairman of ACEA CV Board

Martin Lundstedt, President and CEO of Volvo Group, has been re-elected as the Chairman of the Commercial Vehicle Board of ACEA, the European Automobile Manufacturers’ Association. Lundstedt was re-elected for a second one-year term from amongst the members of ACEA’s Commercial Vehicle Board: the CEOs of DAF Trucks, Daimler Truck, Ford Trucks, Iveco Group, MAN Truck & Bus, Scania, Volkswagen Commercial Vehicles, and Volvo Group. The organization is led by Luca De Meo (Renault).

Martin Lundstedt on the future of freight transport

Indeed, the European Commission is expected to revise the CO2 regulation for heavy-duty vehicles this year. “Policy makers should keep in mind that decarbonising road transport requires more than just targets for vehicle manufacturers,” cautioned Lundstedt. “This is a B2B market, so it will move rapidly as soon as the enabling conditions – such as charging and refuelling infrastructure, and cost parity – are well established. However, we are concerned that the recent proposal for a Euro VII regulation on pollutant emissions carries a major risk of slowing down the transition to climate neutrality.”

“2023 will be a year like no other for setting the future roadmap of the European truck industry,” stated Martin Lundstedt. “For truck makers it is crystal clear, our full focus is on decarbonising road transport – absolutely everything should underpin this effort“.

“Recent studies, which take account of our ambitious decarbonisation trajectories, have shown Euro VII will only provide very marginal additional benefits to air quality, which will easily be dwarfed by even slightly higher fleet renewal ambitions,” explained Mr Lundstedt.