VW plans to introduce EVs in Japan within 3 years
21 May 2011
Nikkei. 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.
....expects 14% of passenger car sales in the Japanese market to be hybrid vehicles this year (2011).....
Isn't that much higher than all forecasters best guess? If this materialize, market penetration could easily reach 25+% before 2015.
Posted by: HarveyD | 21 May 2011 at 09:44 AM
a luxury sport utility vehicle priced at 8.98 million yen
More than $100,000 for an SUV seems a bit expensive.
Posted by: SJC | 21 May 2011 at 11:03 AM
Dorizas says the German auto giant will debut more competitively priced hybrid vehicles.
THIS is why we dislike the whining about first gen Volt, Leaf and Tesla S pricing.
Posted by: Reel$$ | 21 May 2011 at 12:44 PM