Michael Jost, Head of Strategy at Volkswagen, confirmed the introduction of a 100% electric subcompact SUV, before 2024, that will be sub $30,000 CAD.
In an interview with the Tagesspiegel newspaper, Michael Jost mentions that VW will soon introduce a new electric model. The size of the T-Roc (a subcompact SUV), this new EV will be available for less than $30,000 CAD (20,000 euros) and is expected to arrive by 2024.
The Head of Strategy at Volkswagen adds, about the affordable electric car: “Volkswagen contains the word People – it’s a job we take seriously.”
The German paper also reports that the VW Group wants its production platform for electric cars to be recognized as the standard in the industry. In addition, the Group has announced its openness to make available their technological advancements on the MEB modular electric car platform, so that competition can benefit from it. Thus, reducing the cost of electric cars in general.
Jost added, “Regarding this area, I think that we are industry forerunners in terms of costs and scalability. Therefore, we want to offer access to the MEB, by making it available to the entire industry. This represents a paradigm shift for us.”
In addition, the executive adds that the manufacturer is already in “advanced talks” with some competitors, especially in the volume segment, without naming any.
Let’s remember that during the Detroit Auto Show Volkswagen and Ford reached a tentative agreement to reduce the costs associated with the development of commercial vehicles.
For now, no mention of whether this small utility will cross the Atlantic and will be offered on the Canadian market.