Volkswagen announced development electric cars cheaper than $20 thousand, but while only for China

German Volkswagen AG declared that will develop in China a new platform for electric cars initial level on the basis of the modular MEB platform (Modular Electric Drive Matrix). Also it was told about intention to use in production more local resources for decrease in expenses to return the lost positions in the world's largest automobile market. The head of division of Volkswagen in China Ralph Brandshtetter (Ralf Brandstaetter) told to journalists during visit of the new center Volkswagen AG China Technology Company (VCTC) in Hefei that a new platform with the code name A Main...