Volkswagen Reveals Plans for €20,000 Entry-Level Electric Car
The affordable EV, expected to launch in 2027, aims to compete with low-cost Chinese rivals and expand electric mobility in Europe.
- Volkswagen has announced a new entry-level EV, likely called the ID.1, with a base price of €20,000 ($20,800), targeting a 2027 production start.
- The vehicle will be unveiled as a show car in March 2025 and is part of Volkswagen’s strategy to broaden access to affordable electric mobility.
- The ID.1 will be developed on the next phase of Volkswagen’s modular electric drive (MEB) platform, alongside the ID.2all, which is set to launch in 2026 at under €25,000.
- Volkswagen is positioning the ID.1 as a response to rising competition from Chinese EV makers like BYD and aims to strengthen its foothold in the European market.
- The Wolfsburg plant in Germany is being prepared for production of the ID.1 and other next-generation electric compact vehicles, solidifying its role as a hub for innovation.