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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

This performance, Winterkorn said, “ is no reason for euphoria ” but shows that the Volkswagen group—which comprises nine automotive brands—is staying on course, and shows that its strategy to 2018 is on the right track. The current price of a battery pack for just a short-range electric vehicle is between €8,000 to €12,000 he noted.

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