​Volkswagen is confident that in no more than five years it will be able to bring to the market an electric city car costing less than 20,000 euros, before the application of possible government subsidies. Currently, few electric models cost less than €30,000. especially due to the high cost of batteries.

The city car, which could be called the ID 1, should cost less than 20,000 euros in the basic version, a threshold that is difficult to reach with the current cost of the battery. The Germans say they are working on new battery technologies and costs will be reduced.

Lower production costs will be achieved through the use of less expensive battery materials, but changes in production methods will also be implemented.

The smallest electric Volkswagen will use batteries manufactured “in-house” by Volkswagen at the plant in Valencia, Spain.

Autonomy will be more than 300 km, some sources say about 400 km.

In addition, a new architecture will be launched so that affordable small city models will also be launched for the VW Group’s Seat and Skoda brands. Skoda will play an important role in the development of this architecture.

Volkswagen recently presented the ID 2all concept, which is slightly larger than the upcoming ID 1 and which will cost from 25,000 euros in the production version.

Source: Coach UK