When Volkswagen unveiled its first battery-powered prototype in 2009, chief executive Martin Winterkorn warned about “electro-hype” — the idea that this new technology could be as affordable and ubiquitous as its fleet of petrol and diesel cars.
A decade later, VW’s incumbent boss Herbert Diess is spending more than €33bn on proving him wrong.
The German group has launched a wildly ambitious plan to produce 26m emission-free vehicles in the next nine years, leapfrogging Tesla to become the world’s largest electric carmaker.
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