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, where consumers are considered to be better informed than in the U.S., surveys indicate that one in eight buyers think EVs are already here.
Source: Autoblog Green