11.12.2023
Volkswagen has announced an electric car that will cost less than 20,000 euros. The Wolfsburg-based company has not yet provided any concrete information – but the challenge of achieving an attractive model is, of course, great. As people familiar with the matter told Handelsblatt, VW is talking to potential partners about cooperation on the platforms of the planned small car. One candidate is Renault, but the discussions with the French manufacturer are still in the “very early” stages and could also fall through. Initially, VW intends to offer an electric car under 25,000 euros by the middle of the decade. Volkswagen boss Oliver Blume recently stated that an electric small car worth less than 20,000 euros is still a few years away. “I can imagine that we will have a vehicle like this in the second half of the decade,” says Blume. However, it is a “costly, difficult task to get under this amount and still make money with it”. Renault seems to have already made progress: in November, the French presented a vision of the new Twingo, which could be launched on the market as an electric car in 2025. The company promises low maintenance costs in addition to a low purchase price.
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