For the primary time, Volkswagen introduced it goals to start out producing its most inexpensive ID.1 electrical automotive, beginning at 20,000 euros ($21,700), in 2027. The $20K Volkswagen ID.1 will provide “inexpensive electrical mobility for everybody,” VW model chief Thomas Shafer stated Thursday.
Volkswagen to start constructing $20K ID.1 EV in 2027
“The working title is ID.1 and the automobile is deliberate for 2027,” Shafer confirmed throughout VW’s annual press convention Thursday.
Work on the ID.1 is already effectively underway. Shafer stated, “We’re already in the midst of it, we all know what the automotive ought to appear like.” Nevertheless, the most important problem can be deciding the place to construct it.
“That is extraordinarily economically difficult,” Shafer defined. Because of battery prices, Volkswagen can solely launch a $20K (20,000 euro) EV by mass producing it.
In line with Automobilwoche, 4 methods are into consideration. Shafer stated Volkswagen will “make the choice shortly” as to the place the $20K ID.1 can be constructed. VW can also be in talks with Renault about constructing a small mass-market electrical automotive.
Shafer confirmed the corporate is sticking to its EV recreation plan, together with 11 new VW model fashions launching by 2027. The ID.1 can be one in all them.
![Volkswagen's-ID-2all-EV](https://electrek.co/wp-content/uploads/sites/3/2023/03/VW-ID.-2all.jpeg?quality=82&strip=all&w=1024)
It can comply with the ID.2, revealed final March in idea type. The ID.2all idea is “spacious like a Golf and inexpensive like a Polo,” based on VW.
Shafer claims the EV idea reveals “the place we need to take the model.” Based mostly on a brand new entry-level model of its MEB platform, the idea options 279 miles vary, beginning beneath $27,000 (25,000 euros). It can launch in 2026.
![Volkswagen-ID-2all-SUV](https://electrek.co/wp-content/uploads/sites/3/2023/12/Volkswagen-ID.-2all-SUV.jpeg?quality=82&strip=all&w=1024)
In December, Stepan Rehak, VW’s spokesperson for Design, posted the primary teaser of the ID. 2all SUV, the inexpensive EVs’ huge brother.
Within the US, Volkswagen confirmed it could launch a brand new bigger electrical SUV. The model expects to proceed rising in North America with the ID.7 and ID Buzz rolling out this 12 months. VW additionally launched an up to date ID.4 (see our assessment) with extra vary.
![VW-electric-SUV-US](https://electrek.co/wp-content/uploads/sites/3/2024/03/VW-electric-SUV-US-2.jpeg?quality=82&strip=all&w=1024)
Electrek’s Take
Volkswagen is one in all many automakers seeking to introduce extra inexpensive EVs. The feedback comply with US EV startup Rivian’s official debut of the R2, which can begin at $45,000. That’s nearly half the present R1S and R1T beginning costs. Rivian’s CEO RJ Scaringe additionally showcased the R3, a smaller and much more inexpensive EV.
Ford, Tesla, Hyundai, Kia, GM, and others are all planning to launch extra inexpensive electrical fashions as automakers look to broaden the EV market to new segments.
Though media headlines are deceptive with claims like “EV euphoria is useless,” electrical automobile adoption continues to be climbing and is anticipated to speed up over the following few years. The important thing for a lot of manufacturers can be introducing extra inexpensive, on a regular basis EVs to draw consumers who’re on the fence about going electrical.
Who will win the race to launch extra inexpensive EVs? Tell us what you suppose within the feedback beneath.
FTC: We use revenue incomes auto affiliate hyperlinks. Extra.