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Volkswagen Will Follow Tesla Motors’ Lead With 5 New Electric Cars — The Motley Fool

The beleaguered VW brand is gearing up to change the subject from its diesel scandal with 5 new all-electric models. It will show a prototype of the first one next month. Here’s what we know.

John Rosevear(TMFMarlowe)Aug 16, 2016 at 6:22PM

VOLKSWAGEN’S BUDD-E CONCEPT, SHOWN EARLIER THIS YEAR, IS A FUTURISTIC BATTERY-ELECTRIC TAKE ON THE ICONIC VW BUS. THE FIRST OF VW’S UPCOMING ELECTRIC MODELS COULD FOLLOW SIMILAR LINES. IMAGE SOURCE: VOLKSWAGEN.

Volkswagen (NASDAQOTH:VLKAY) is planning five new battery-electric models for its VW brand, all of which will have a range of at least 400 kilometers (about 250 miles) — and we might see the first of them as soon as next month.

Moving on from diesel: VW’s aggressive electric-car plans
In a new interview with German business magazine Wirtschaftswoche, VW brand chief Herbert Diess confirmed plans to bring five new electric VWs to market. All will be based on the Volkswagen Group’s new modular electric-vehicle architecture — and they’ll be sold in the U.S., Europe, and China.

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www.fool.com/investing/2016/08/16/volkswagen-will-follow-tesla-motors-lead-with-5-ne.aspx

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