VW's $24,000 Small, Electric Car Development
New ID Life Concept Just Unveiled in Munich Source: VW Zero Emissions Driving At an Inexpensive Price At the IAA Mobility 2021 show in Munich, Volkswagen unveiled its ID Life concept electric vehicle. VW says the concept is a preview of its upcoming, inexpensive $24,000 electric car. The Germany based automaker is in head-to-head competition with US based Tesla to bring the first, affordable, EVs to the global market in the $24,000 to $30,000 range. The vehicles are fully electric with zero emissions. Tesla CEO Elon Musk has a goal of bringing a small, electric car with his new battery system to market at a price starting at $25,000 in 2023. VW is targeting a launch for its small, $24,000 electric car in 2025. But those timeframes could radically change ...