Volkswagen revealed a new strategy to produce affordable electric vehicles, announcing plans for a new entry-level model expected by 2027. Dubbed potentially as ID.1, this vehicle will start at €20,000 and is aimed at the European market. The company's approach includes a three-stage plan labeled "catch up," "attack," and "lead," reflecting its urgency in the competitive EV landscape. The model will be manufactured in Wolfsburg, which Volkswagen has designated as its hub for all-electric compact cars, indicating a commitment to make EVs more accessible to average consumers.
Volkswagen, the world's second-largest automaker, is set to launch a new entry-level EV by 2027, aiming to make electric cars more affordable for mass-market consumers.
The new affordable EV, possibly named ID.1, will start at €20,000 and be produced in Wolfsburg, focusing on European consumers.
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