So it is! – VW promises a small electric car for 20,000 euros

After the failure of the cooperation with Renault, it no longer seemed certain, but now Volkswagen has made a firm commitment: the Wolfsburg-based company definitely wants to bring a small electric car onto the market with a base price of around 20,000 euros.

The world premiere is planned for 2027, as Europe’s largest carmaker announced on Tuesday after a board meeting. The vehicle will be manufactured in Europe. “This shows a clear commitment to Europe as an industrial location,” said CEO Oliver Blume. “It’s about electric entry-level mobility from Europe for Europe.” VW has not yet named a specific production location. “For electromobility to become widespread, attractive vehicles are needed, especially in the entry-level segment,” added the head of the core Volkswagen brand, Thomas Schäfer. “Our brand promise is: electromobility for everyone. This promise is now being fulfilled in the Core brand group.” It was initially unclear which model it was from the Core brand group, which includes the core VW brand, Skoda, Seat and Cupra. Schäfer had already announced a small car for 20,000 euros in March, which would come onto the market in 2027. According to “Business Insider”, the small car will be called the VW ID.1 and will prevail against the emerging electric car competition from China. At the same time, a technically related Skoda is intended to build on the success of the now discontinued Citigo subcompact car.
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