Given that we still have several years to go before this interesting car makes it into production, we know precious little about it. However, it is pertinent to note that the company already sells a car in the U.S. market that is pretty close to that price tag. The model in question is the 2023 Volkswagen ID.4, which starts at $38,995 for the Standard Trim.
With a decent list of features and a claimed 209-mile range, the ID.4 Standard is not a bad option at all. The car is available in seven other trims — all priced well above the $40,000 mark. Volkswagen’s ambitious affordable EV may also feature locally made battery packs, enabling them to qualify for the IRA tax credit of up to $7,500, which could mean that the car may end up costing as little as $27,000.
Volkswagen’s renewed efforts in the EV space seem to be one of the many ways the company is trying to make up for its late entry into the EV party. The first production-ready EV from the company was the Volkswagen ID.3, which launched in 2020. The company’s entry into the U.S. EV market came a year later — in 2021 — with the official launch of the Volkswagen ID.4. The ID.4’s U.S. ambitions received a boost in 2022 when the company started producing the 2023 ID.4 at its factory in Chattanooga, Tennessee.
The company has many other electric vehicles for the U.S. market in the pipeline, including the Volkswagen ID Buzz — a three-row electric minibus, and the flagship ID.7 sedan.
