Volkswagen is set to showcase a new entry-level electric vehicle (EV) next month, targeting a price of approximately €20,000 ($20,800 USD). This model represents a significant price drop compared to existing low-end EVs in the US market, such as the Nissan Leaf. The new vehicle, which might be called the ID.One, aligns with Volkswagen's commitment to offering multiple affordable EV options. In addition to the ID.1, the company is working on the ID. 2all, expected to retail for around €25,000. These models will leverage an advanced modular battery platform, highlighting VW's efficiency-focused strategy amid workforce reductions to save costs.
Volkswagen's plan for a low-cost EV priced around €20,000 demonstrates its commitment to affordable electric mobility while competing with current market offerings.
The upcoming ID.1 is part of Volkswagen's broader strategy to introduce multiple affordable EV models, such as the ID. 2all at €25,000.
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