VW CEO Warns of Higher Than Expected Electric Car Costs
A VW badge sits on a Volkswagen I.D. Crozz electric vehicle, manufactured by Volkswagen AG, during the CeBIT 2018 tech fair in Hanover, German. (Photographer: Krisztian Bocsi/Bloomberg)

VW CEO Warns of Higher Than Expected Electric Car Costs

(Bloomberg) -- Volkswagen AG warned that its ambitious plan to offer an electric version of each model will cost more than it estimated, forcing the world’s largest carmaker to deepen an efficiency...
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