Volkswagen ID.3 EV Price Set At 30,000 Euros with 48-kWh Battery?

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Volkswagen I.D. Concept
Volkswagen I.D. Concept | Photo: Volkswagen

A report from a German publication puts the new Volkswagen electric vehicle at 29,990 Euros.

The Volkswagen ID.3 will apparently be available at just under 30,000 Euros with a 48-kWh battery when it goes on sale. We also learned from Auto Motor & Sport’s report that pre-orders for the Volkswagen electric car will begin on May 8. That being said, the Launch Edition will come equipped with a 62-kWh battery. The Volkswagen ID.3 is expected to debut at the Frankfurt Auto Show next fall.

The base ID.3’s price is equivalent to roughly $45,000 in Canada which would make the ID.3 eligible for the new government of Canada iZEV incentive program and a $5,000 rebate.

What’s interesting about this report is that Volkswagen is apparently planning numerous versions of the ID.3. A base model with 48-kWh battery will be available after launch with a more affordable price but less range. The 62-kWh version makes the ID.3 competitive with models like the Hyundai Kona EV and the Chevrolet Bolt. The 62-kWh battery is expected to offer around 400 kilometers of range while the 48-kWh battery will likely have around 300 kilometers of range.

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Still according to Auto Motor & Sport’s, every Volkswagen ID.3 will lose around 3,000 Euros until around 2025 when the German automaker’s EV models based on the MEB electric platform become more profitable than its gas-powered models because of demand and cost splitting.

Source: Auto Motor & Sport

 

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