Everyone still talks about $ 35,000 in electric vehicles, but Volkswagen seems to have a price point way below that.
Volkswagen intends to launch a new entry-level electric vehicle that will cost less than $ 20,000 (about $ 23,000), Reuters reports today, citing sources familiar with the matter. Volkswagen did not respond immediately after a statement, but the car manufacturer declined to comment on Reuters.
This low-cost EV, currently referred to simply as the "MEB Entry", would have both a low entry price and a high initial production volume. The Reuters source said the estimated production volume is 200,000 cars, and the automaker plans to rebuild three separate factories to build the vehicle. It is not clear which plants the source refers to. The company will reportedly discuss the vehicle at a meeting of the Supervisory Board on November 1
MEB is the name of the Volkswagen electric platform. The MEB platform consists of a scalable "skateboard" consisting of battery and electric motors and can support electric vehicles of all sizes and shapes. In fact, every I.D. Electric vehicle VW has so far from theto the drives on this single platform. It would not necessarily be surprising if it could be reduced to the small car segment.
That means getting the price down so low will certainly cost you a lot of effort. Recently, VW lowered the cost of the electricsmall-car hatchback from 26,900 euros (about 31,000 US dollars) to 22,975 euros (about 25,000 US dollars). Vehicle. However, the E-Up is also based on a platform originally intended for conventional gas and diesel vehicles. This complicates development and packaging as would be the case on a dedicated EV platform. For comparison, a gas-powered up starts at just over 10,000 euros.
Reuters referred to the MEB's entry-level vehicle more than once as a "Tesla rival," but I do not think this is a valid point comparison. Tesla has not released the fabulous $ 35,000 short-range version of the Model 3 sedan yet. Instead, she focuses on margin-padding variants like the $ 64,000as her financial ducks line up. The idea that Tesla provides a car quickly and to a significant extent seems short-term unrealizable, especially since the model Y SUV is positioned as the next vehicle to be debuted by the American automaker. 19659008] : The future is electric and also a minibus.
: This will be the first I.D. EV for the preparation of American coasts.