German automotive supplier Bosch is set to receive a major contract to develop electric car batteries for Volkswagen, a person familiar with the matter told Reuters on Wednesday.
Awarding Stuttgart-based Bosch the contract would give VW a second battery supplier next to Japan's Sanyo. Both VW and Bosch declined to comment on the matter.
Volkswagen has said it plans to launch all-electric vehicles in 2013 and expects these zero-emission vehicles to account for 3 percent of its sales by 2018.
Reuters
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