VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype
Green Car Congress
JULY 4, 2009
We have rock-solid finances. 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. We have nine strong brands that work well together.
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