Volkswage Up

It’s been a busy day in Wolfsburg as VW followed up the release of a sketch of its upcoming mid-sized sedan with an announcement about new electric drive systems. VW and Toshiba have signed a letter of intent to collaborate on electric drive systems and power electronics. These electric drive systems will be used in battery-powered versions of the New Small Family (NSF) cars. The NSF lineup is made up of the production versions of the up! series of concepts first seen in 2007. VW is planning to build small cars based on this new platform under a number of its different brands around the world. In the press release, CEO Dr. Martin Winterkorn, indicated that VW wants to be the first to mass produce affordable electric vehicles on a large scale. In order to get there, VW is working with a number of partners in addition to Toshiba on elements such as lithium ion batteries. VW has not given an indication of when these electric cars may debut, but if they intend to be first, they will have to move fast