Peugeot’s Hybrid Air engine can’t feasibly be released due to legislation that is “killing” some automotive technology, according to the company’s boss.
Peugeot CEO Maxime Picat said Hybrid Air is not currently feasible because governments have chosen to back alternative technologies.
“If tomorrow we spend hundreds of millions releasing [Hybrid Air] and the government decides that no, we are giving an incentive for plug-in hybrid and electric but not for your technology, then you are killing it,” he said.
Picat is clearly frustrated with this situation, saying incentive schemes like the £5000 grant for plug-in vehicles in the UK has restricted the technology that a company can offer. It is this, rather than the lack of a partner to make the system, that has prevented its progress.
“Governments are fixing very ambitious targets in terms of CO2 - good news for the planet. That is their role and I strongly support that,” he said. “Sometimes, too often in my personal opinion, they tell you what target to reach and what technology you have to push forward, which is nonsense.