The news comes just a couple weeks after GM said it would design and manufacture electric motors for its future hybrids and electric vehicles in-house.
Volkswagen will set up new components organization to become the electric powertrains supplier across the entire Volkswagen’s line.
The first electric powertrains will appear in the VW E Up! electric car we saw back at Frankfurt Motor Show last September. That electric car will hit the market in 2013 and will likely come to the States.Automotive News / subscription required]