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VW CEO Says Germany’s 1 Million Electric-Car Goal Is Achievable

Volkswagen AG, Europe’s biggest carmaker, said the German government’s goal to have 1 million electric cars on the country’s roads by 2020 can be achieved if partly battery-powered cars like hybrids are taken into account.

“We will make our contribution toward this goal,” Volkswagen Chief Executive Officer Martin Winterkorn said today at a panel discussion at a ceremony near chemical producer BASF SE’s headquarters in Ludwigshafen, Germany.