VW Group Plans Lineup of 10 Electric Vehicles, Hybrid by 2015

The group aims to sell 300,000 EVs and plug-in hybrids in 2018.

Published: 23-Jan-2012

The Volkswagen AG group will have a lineup of 10 or more electric vehicles and hybrids by 2015, an official with the German automaker said on Wednesday.

The group aims to sell 300,000 EVs and plug-in hybrids in 2018, which would account for 3 per cent of its overall sales of new automobiles, Rudolf Krebs, Group Chief Officer for Electric Traction, said during a visit to Japan.

Volkswagen plans to first launch an electric version of its Up! subcompact in Europe in mid-2013, followed by the debut of a battery-powered version of its mainline Golf model by the end of that year. It may sell these models in Japan. The automaker also intends to begin sales of a plug-in hybrid that year.

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