Mexican Media Brands
VW Aims to Undercut Tesla Model 3 by $7,000
Volkswagen AG plans to price the production version of last year’s I.D. concept electric vehicle $7,000-$8,000 below Tesla Inc.’s upcoming $35,000 Model 3 electric car.
#hybrid
Share
Volkswagen AG plans to price the production version of last year’s I.D. concept electric vehicle $7,000-$8,000 below Tesla Inc.’s upcoming $35,000 Model 3 electric car.
The new compact VW model is due by the end of the decade. By then VW expects to benefit from lower battery costs, according to Thomas Sedran, who’s in charge of group strategy.
Built on VW’s modular MEB platform, the I.D. will be powered by a single electric motor that generates 167 hp. The car’s driving range is estimated at 400-600 km (250-370 miles).
RELATED CONTENT
-
Audi e-tron to Get September Reveal
Audi AG will take the wraps off its first electric vehicle, the all-new e-tron crossover, on Sept. 17 in San Francisco.
-
Startup Readies Solar-Powered EV
Germany’s Sono Motors GmbH says it has received 5,000 orders for its upcoming Sion electric car, which can be partially recharged by it attached solar panels.
-
Aluminum Sheet for EV Battery Enclosure
As the number of electric vehicles (EVs) is about to increase almost exponentially, aluminum supplier Novelis is preparing to provide customers with protective solutions