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Volkswagen Plans $20,000 EV to Take on China’s Budget Electric Cars

  • Volkswagen announced a new entry-level electric vehicle expected to launch in Europe by 2027, starting at €20,000 .
  • The Wolfsburg plant will become Volkswagen's center for its new all-electric compact class, supporting a plan to remain competitive in the EV market.
  • Volkswagen plans to introduce the ID.2all hatchback in Europe in 2026, with a base price of about €25,000 .
  • CEO Thomas Shafer emphasized that the new EVs will help Volkswagen compete with leaders like BYD and Tesla, describing them as affordable and high-quality.
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atraccion360.com broke the news in on Wednesday, February 5, 2025.
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