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Mohammed bin Zayed attends lecture on the future of sustainable transportation

posted on 01/09/2010: 876 views

H.H General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces attended Monday a lecture on the future of sustainable transportation delivered by Carlos Ghosn.

The lecture hosted at the Ramadan Majlis of General Sheikh Mohammed was also attended by Ruler's Representative in the Western Region H.H. Sheikh Hamdan Bin Zayed Al Nahyan.

H.H Sheikh Suroor Bin Mohammed Al Nahyan, National Security Advisor H.H Sheikh Hazza Bin Zayed Al Nahyan, Ruler's Representative H.H Sheikh Saeed Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior Lt. General H.H Sheikh Saif Bin Zayed Al Nahyan, other Sheikhs, ministers, senior state officials, academicians, businessmen, diplomats and other invitees also attended the lecture by Ghosn.

Carlos Ghosn, KBE, is a French Brazilian-born businessman of Lebanese origin. He is the current CEO and President of Renault of France and Nissan of Japan.

Ghosn joined Nissan as its chief operating officer in June 1999, became its president in June 2000 and was named chief executive officer in June 2001. His turnaround of Nissan has gained him celebrity status in Japan, where he has published books.

When he joined the company, it had debt of US$20 billion and only three of its 48 models were generating a profit. Ghosn was viewed as an outsider by the media and parts of Nissan. Ghosn promised to resign if the company did not reach profitability by the end of the year.

In one year, Nissan's net profit climbed to US$2.7 billion from a loss of US$6.1 billion in the previous year.

Carlos Ghosn, who outlined plans that focuses heavily on lowering emissions of carbon dioxide and biofuels for Renault of France and Nissan of Japan, shone in his lecture the much needed light on the future of the sustainable transportation across the world.

He lauded the UAE's efforts in the field of developing clean energy and held in high esteem the Masdar City, which he described as a promising experience on the global level.

Ghosn explained the future scenario of hybrid cars as they will spread very fast both in the East and the West. He also stressed the need for sustainability without depleting the nature in order to protect the mother planet. – Emirates News Agency, WAM


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