Volkswagen is bringing forward the development of a small electric car for the mass market in anticipation of tougher climate regulations as it seeks to boost sales in a new green era.
Under the project dubbed “Small BEV (Battery Electric Vehicle)”, engineers are racing to develop a purely-battery powered car around the size of a Polo which will be available for between 20,000 and 25,000 euros ($24,000-30,000).
The carmaker has said the European Union’s more stringent emissions targets will force it to boost the proportion of hybrid and electric vehicles in its European car sales to 60% by 2030, up from a previous target of 40%.
Read the article at Autoblog.
