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Europe: VW Unit Skoda Auto Plans Electric Car Production In 2014

Czech carmaker Skoda Auto, a wholly-owned subsidiary of Germany’s Volkswagen AG plans to launch production of fully-electric cars in 2014, the company announced on Thursday.

“Skoda is working on the serial production of electric cars. We will bring the car on the road in 2014,” CEO Winfried Vahland said in a statement. The company didn’t release however any additional details about production. According to Czech newspaper Hospodarske Noviny, the first such car is likely to be based on Skoda’s Citigo model.



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