Volkswagen AG plans to introduce electric vehicles based on its Up! and Golf compact cars in the Japanese market within three years, according to Gerry Dorizas, head of VW’s Japanese unit.
In addition to releasing EVs in Japan, Dorizas says the German auto giant will debut more competitively priced hybrid vehicles. It unveiled its first hybrid model in January, a luxury sport utility vehicle priced at 8.98 million yen.
Dorizas indicated the company expects 14% of passenger car sales in the Japanese market to be hybrid vehicles this year and is looking to add less-expensive models to help broaden its customer base.
Nikkei
