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VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

The perspective of rising oil prices is a turboboost for a change in customer behavior, he said. VW, Daimler subsidiary Daug and Varta developed a NimH battery in the early 90s, and the VW group put the Audi duo hybrid on the road in 1997. And the auto industry doesn’t hold back on announcements.

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