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CEO Winterkorn: expect first VW electric vehicle in 2013

Volkswagen CEO Dr. Martin Winterkorn delivered a speech in Münich on Friday where he announced that the German giant would release its first electric car in 2013. Among the points that Winterkorn emphasized was the race to electrification would be a marathon not a sprint. He also acknowledged that electrics alone won't be enough to meet all needs so VW is following a number of different technology paths. Winterkorn also warns against "electro-hype" which could raise unreasonably high expectations among consumers. Even in Germany, ... Read more →

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