Finally, we'll be able to take a look at the response. Volkswagen on BYD and other cars: electrical low-cost Chinese vehicles. Volkswagen showed off its cheapest electric car for the first time on Wednesday.
A new series of entry-level electric vehicles will be launched, with prices starting at €20,000, or just over $20,000.
At a meeting at its Wolfsburg plant on Wednesday, Volkswagen gave its employees a sneak peek at the new model. The auto giant confirmed that the new model will be part of its new small electric car range. Volkswagen stated that the new entry-level electric car, with a base price of €20,000 ($20,000), "will be attractive to a wide range" of buyers. The first model in the new series will be the production version of the ID.2all, which was unveiled in March 2022.
Volkswagen said the first ID.2 models will arrive at dealerships in 2026 with a base price of less than €25,000 ($26,000). “With the conclusion of the negotiations in December, we have put the biggest future plan in Volkswagen’s history into action,” CEO Thomas Schäfer said at the meeting.
The ID.2 and the new electric car (likely the ID.1) will be key to VW's plans to keep up with EV leaders like BYD and Tesla. Based on the MEB Entry platform, the ID.2 is expected to have a range of up to 279 miles (450 km).
Volkswagen also announced an SUV version, which will follow its upcoming line of electric vehicles. Volkswagen will present a show car for its new entry-level electric car. The company plans to unveil the production model in 2027.
Volkswagen is preparing to build its Wolfsburg plant to produce the first models of the upcoming model year. Schäfer confirmed that the plant "will remain the heart of the Volkswagen brand in the electric age." The next generation of the Golf EV will also be produced on Volkswagen's new SSP platform alongside the new T-Roc EV.
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