Volkswagen I.D. to cost $7,000-$8,000 less than Tesla Model 3

by SpeedLux
Volkswagen I.D. concept

Volkswagen will start selling a production variation of its I.D. electric hatchback concept by 2020. And after it finally arrives, it must cost considerably less than the Tesla Model 3.

Volkswagen is going for a price that is $7,000-$8,000 below the price of the Model 3, states Volkswagen chief strategist Thomas Sedran, discussing at the Automobil Forum in Germany recently. That indicates the all-electric hatch must cost around $28,000, reports Electrek.

Volkswagen is indeed taking objective at Tesla as it plans to introduce its first in a totally new fleet of EVs that will likewise include production versions of the I.D. Crozz crossover and I.D. Buzz van concepts. VW boss Herbert Diess has revealed confidence that the German company will become a market leader in this field. “We see Volkswagen as the company that can stop Tesla, due to the fact that we have capabilities Tesla does not have today,” Diess informed Automotive News just recently. After all, VW Group owns a dozen brands and has the upperhand in regards to scale.

The Volkswagen I.D. concept that introduced at the Paris Motor Show last year included an electric motor with 168 hp. It is approximated to reach 62 mph under 8 seconds, while the Tesla Design 3 is stated to strike 60 miles per hour in less than 6 seconds. Tesla states its entry-level model will attain a minimum of 215 miles of range on the EPA cycle, but VW lists vary for the I.D. at in between 249 and 373 miles based on the New European Driving Cycle. Reasonable, the 2 models should use approximately the same quantity of range.

VW Group prepares to release over 30 battery electric vehicles by 2025. The automaker wants to offer between 2 and 3 million EVs by that time, comparable to 20-25 percent of forecasted total sales. The timeline for the rollout of the I.D. hatch in the U.S. is still unknown.

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