Volkswagen Announces €20,000 Electric Car for 2027 Release

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Volkswagen plans a €20,000 electric car by 2027, making it the brand's most affordable electric vehicle for European markets.

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Before the €20,000 model arrives, Volkswagen will launch the ID.2all in 2026 priced under €25,000 as part of their new electric small car family.

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The company sold 1.35 million ID electric vehicles globally since 2019, including 500,000 ID.3 models and 383,100 electric cars in the last year alone.

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Volkswagen moves Golf production to Mexico, transforming its Wolfsburg plant for electric vehicle manufacturing with new production processes.

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The new affordable electric car uses the MEB platform, shared with other ID models to manage production costs while maintaining quality standards.

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CEO Thomas Schäfer confirms nine new electric models by 2027 as part of Volkswagen's "Catch up, Attack, Lead" strategy to dominate by 2030.

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The Wolfsburg plant will produce over 500,000 units annually, combining the new affordable model with next-generation electric Golf production.

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The concept car debuts in March 2025, showing the first glimpse of Volkswagen's vision for budget-friendly electric mobility in Europe.

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