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The revised name takes effect in May and the announcement came after several outlets on Monday reported on a draft release mistakenly posted on the automaker’s U.S. website.
“We might be changing out our K for a T, but what we aren’t changing is this brand’s commitment to making best-in-class vehicles for drivers and people everywhere,” said Scott Keogh, president and CEO of Voltswagen of America in a statement.
The German automaker has committed to sell one million EVs worldwide by 2025 and will launch 70 electric models launched across the VW group brands by 2029.