Having just unveiled the ID. 2all, an affordable electric vehicle that’s still a couple years away from production, Volkswagen AG is making plans for an even cheaper EV.
An electric model to sell for less than €20,000 ($21,340), which could be called the ID.1, “should come as early as 2026, 2027,” Volkswagen brand chief Thomas Schaefer told Automobilwoche. Such an entry-level electric model is urgently needed, the magazine cited Schaefer as saying.
Volkswagen needs a mass-market car for the electric age. It’s struggled to keep pace 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.
