During a German investor presentation, Volkswagen revealed the ID.2all, a prototype car that represents its accessible electric car for the masses. It’s a compact, battery-operated hatchback. Once the new vehicle enters production in the year 2026, it will have an initial price of $26,833 (€25,000) or less.
The ID.2all display car is a sneak peek of a real car that may appear later on and could be dubbed the ID.2. Volkswagen presently offers the ID.6, ID.5, ID.4 and ID.3. The new prototype provides a preview of the general style and features we may anticipate from the actual vehicle when it shows up in 2026. Volkswagen claims that the electric vehicle has an estimated 280-mile range.
Elon Musk has long discussed Tesla’s intentions to introduce a $25,000 mass-market electric vehicle. He was just outdone by VW. At Tesla’s investor presentation day, Elon Musk was supposed to demonstrate his own reasonably priced electric vehicle, but he didn’t. Following the incident, investors complained about the lack of the long-anticipated electric vehicle, which caused Tesla’s stock prices to fall. In a minimum of 14 days, Volkswagen Wagen reacted with its own interpretation of what an electric vehicle for the masses may entail.
At the event, Volkswagen unveiled a five-year plan that calls for an expenditure of €180 billion in sectors such as the production of batteries and raw materials in an attempt to lower electric vehicle production costs and surpass Tesla and other automakers by gaining market dominance.
However, the ID. 2all, a small electric car with competitive pricing and plenty of promise, served as the event’s focal point. Although the vehicle is just a prototype, the automaker stated it plans to commence producing the car by 2025 and make it available for purchase by 2026.
The ID.2all will be the first front-wheel-drive, plug-in vehicle produced by Volkswagen. Faster charging will be possible thanks to the vehicle’s powertrain. According to Volkswagen, a 10% to 80% charge will take around 20 minutes. Depending on how the seats are arranged, the ID.2all’s storage volume ranges from 460 to 1,330 liters.
There is only one drawback for consumers in the United States: the recently launched ID.2all concept car will never be sold in the country because it would be a challenging sell for U.S. shoppers who progressively have preferred SUVs more than the compact hatchbacks that continue to be common throughout Europe
Besides the ID.2all, Volkswagen stated that it is also developing a sub-20,000-euro electric vehicle. Meanwhile, U.S. buyers can expect the Scout versions, the ID. Buzz with a larger wheelbase, and the ID.7 sedan, which is modeled off the Arteon.
Other EV makers such as Rivian Automotive Inc. (NASDAQ: RIVN) have been put on notice that the race to bring to market an affordable electric vehicle for price-sensitive motorists is now underway, and the onus is on them to come up with a response.
About Green Car Stocks
Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.
To receive SMS text alerts from Green Car Stocks, text “Green” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.greencarstocks.com
Please see full terms of use and disclaimers on the Green Car Stocks website applicable to all content provided by GCS, wherever published or re-published: https://www.greencarstocks.com/Disclaimer
Green Car Stocks
Los Angeles, CA
www.greencarstocks.com
415.949.5050 Office
[email protected]
Green Car Stocks is part of the InvestorBrandNetwork.
