Volkswagen's Affordable EV Revolution

Volkswagen plans an affordable, entry-level electric car, aiming for a pre-2027 launch.

The battery-powered city car, possibly named ID.1, targets a price below $22,000.

It slots beneath the ID.2 hatchback, expected to cost around $27,500 in Europe.

VW's move towards budget EVs signals a positive shift for affordable electric options.

The ID.1 competes with Renault's Twingo, aligning with the $22,000 price range.

Volkswagen explores collaborations with Renault for small, urban EV development.

The ID.1 draws inspiration from the discontinued e-Up!, focusing on affordability.

Prospective buyers expect basic features; ID.1 emphasizes functionality over high-end tech.