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    Volkswagen ID. 1 To Come With 20,000 Euro Price

    Volkswagen ID. 1 with 20.000 Euro Price To Come. The German firm started construction on the MEB Entry platform and Valencia battery facility in Spain, which will help it achieve its first objective of lowering the starting price of its electric vehicles to €25,000.

    Volkswagen
    Volkswagen
    • 13 July 2023 05:40
    • Last Updated:14 July 2023 10:48
    Volkswagen ID. 1  To Come With 20,000 Euro Price

    Volkswagen, the all-electric ID.2 and compact SUV ID, to be positioned between the Polo and Golf. It takes great effort to bring 2all models to the market. However, on the one hand, it does not neglect to force the lower segments. An ID to replace e-Up!, according to a recent statement to Autocar by company CFO Arno Antlitz. 1 project is still ongoing.

    The German firm started construction on the MEB Entry platform and Valencia battery facility in Spain, which will help it achieve its first objective of lowering the starting price of its electric vehicles to €25,000. In 2025, buyers will encounter automobiles from this level from several brands within the group, including VW, Cupra, and Skoda. However, entering lower price ranges is important to compete with China.

    Volkswagen’s most significant goal in this area is that using the cells it has created, it will be able to cut the price of batteries by up to 50% in the years to come. The 25,000 euro objective will also be significantly impacted by the price decline in battery components.

    It is known that the entry-level battery at the moment is an LFP cathode battery with a 38 kWh capacity. The largest battery choice will likely be this one, which has a range of more than 320 kilometers. It will also likely be the ID. 1 battery for urban use. The car is expected to be introduced by 2028 and cost less than 20,000 euros.