Volkswagen ID.1 electric car could cost less than R393,000

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Volkswagen ID.1 electric car could cost less than R393,000
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Having just unveiled the ID. 2all, an affordable electric vehicle that’s still a couple of years away from production, Volkswagen is making plans for an even cheaper EV.

Having just unveiled the ID. 2all, an affordable electric vehicle that’s still a couple of years away from production, Volkswagen AG is making plans for an even cheaper EV.

An electric model to sell for less than €20,000 , which could be called the ID.1, “should come as early as 2026, 2027,” Volkswagen brand chief Thomas Schaefer told Automobilwoche.Volkswagen needs a mass-market car for the electric age.with Tesla Inc.’s EVs, and needs to halt sales declines in China, where domestic manufacturers led by BYD Co. have stepped up their game., a car that will cost less than €25,000 and arrive in European showrooms starting in 2025.

It’s undecided whether the vehicle can be built in Europe for the targeted price, or if it will have to be built in a cheaper location, he said.

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