Volkswagen plans an affordable, entry-level electric car, aiming for a pre-2027 launch.
The battery-powered city car, possibly named ID.1, targets a price below $22,000.
It slots beneath the ID.2 hatchback, expected to cost around $27,500 in Europe.
VW's move towards budget EVs signals a positive shift for affordable electric options.
The ID.1 competes with Renault's Twingo, aligning with the $22,000 price range.
Volkswagen explores collaborations with Renault for small, urban EV development.
The ID.1 draws inspiration from the discontinued e-Up!, focusing on affordability.
Prospective buyers expect basic features; ID.1 emphasizes functionality over high-end tech.