Volkswagen AG is planning to launch sales of its first plug-in hybrid models next year to sports car lovers as the automaker plays catch-up with hybrid-vehicle champion Toyota Motor Corp.
VW expects growing demand for the fuel-saving technology and will target wealthy buyers with initial launches of plug-in hybrid versions of the Porsche Panamera coupe and the 918 Spyder sports car, VW's electric car chief Rudolf Krebs told Reuters.
"Plug-in hybrids offer the best of the two worlds (of purely electric drives and combustion engines)," Krebs said. "This technology will soon be visible on the roads. That's why we really want to get weaving."