Volkswagen lays out details of planned affordable electric car

March 16, 2023 8:22 am

German carmaker Volkswagen presents its new electric ID. 2all model, an electric vehicle that costs less than 25,000 euros, in Hamburg, Germany, March 15, 2023. [Source: Reuters Business]

Volkswagen laid out  the details of a planned all-electric car costing under 25,000 euros ($26,790), part of the German carmaker’s push to derive 80% of VW passenger brand sales in Europe from all-electric vehicles by 2030.

The car with a 450-km range (280 miles), to launch in Europe by 2025, will be the first on Volkswagen’s modular electric platform to feature a front-wheel drive, with design elements that hark back to the first Golf, VW said in a statement.

The battery will charge from 10% to 80% in around 20 minutes, with the car’s top speed hitting 160 km per hour.

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The carmaker is also working on another electric car available for under 20,000 euros, it said, without providing further details.