VW wants to launch electric car for 20,000 euros

Volkswagen gives the green light for its planned entry-level electric car. The world premiere is planned for 2027, and the vehicle will be offered in the price range of around 20,000 euros, as Europe’s largest carmaker announced on Tuesday after a board meeting.

Manufactured The vehicle is to be built in Europe. “This is a clear commitment to Europe as an industrial location,” said CEO Oliver Blume according to the statement. “It’s about entry-level electric mobility from Europe for Europe.” VW has not yet named a specific production location.

Electromobility for all

“For electric mobility to become widespread, attractive vehicles are needed, especially in the entry-level segment,” said the head of the core brand Volkswagen, Thomas Sheepr. “Our brand promise is: electromobility for everyone. This promise is now being fulfilled in the Core brand group.”

It was initially unclear which model it was from the Core brand group, which includes the core brand VW as well as Škoda, Seat and Cupra. In March, Schäfer announced a small car for 20,000 euros that would come onto the market in 2027.

Sea Business Insider The small car will be called VW ID. 1 and will compete against the emerging electric car competition from China At the same time, a technically related Skoda is to build on the success of the now discontinued Citigo subcompact car.

By Editor

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