Volkswagen Group has just shared some exciting news: they’ve been secretly working on compact electric vehicles for quite some time. These new affordable EVs are expected to hit the market in 2027, and the best part? They’ll be priced around 20,000 euros.

Ramping Up for Mainstream Appeal

This move is part of Volkswagen’s broader strategy to roll out more mainstream electric options to meet growing customer demands. The announcement comes at a time when Chinese automakers are aggressively expanding their global footprint.

In China, electric and plug-in hybrid vehicles already make up 50% of car sales, with some EVs selling for as little as $5,000.

CEO’s Vision for Widespread Electromobility

Volkswagen CEO Thomas Schafer emphasized the need for attractive vehicles, especially in the entry-level segment, to make electromobility more widespread.

“Despite the attractive price, our vehicles will set standards in the entry-level segment in terms of technology, design, quality, and customer experience,” Schafer assured.

New Electric Platform and Upcoming Models

Volkswagen already boasts a new electric platform used by high-end models from brands like Audi and Porsche.

On the more affordable end, the group is planning to introduce two compact cars from VW and Cupra, alongside small SUVs from VW and Skoda. These small SUVs are expected to be unveiled by the end of 2025.

Current Entry-Level Offering

For now, Volkswagen’s entry-level electric vehicle is the ID.3, which comes with a price tag of 40,000 euros.

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