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Electric Vehicles

Volkswagen’s Plans for an Affordable Entry-Level Electric Car

Furqan Muhammad
February 2, 2024 1:44 pm
By Furqan Muhammad
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3 Min Read
Volkswagen Electric Car Entry Level
Volkswagen Electric Car Entry Level
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Volkswagen is currently exploring the idea of developing a more affordable electric car that will be smaller than the ID.2, which is about the size of a Polo. This information comes from Kai Grunitz, Volkswagen’s head of technical development, who emphasizes the importance of introducing a small and reasonably priced vehicle like the ID.1 or a similar model.

Up until now, electric cars have been significantly more costly than their gasoline-powered counterparts. The high cost can be mainly attributed to the expensive batteries used in electric cars. Due to the slim profit margins of small cars, most car manufacturers, including the new Chinese brands, have avoided producing electric cars. However, Grunitz, a representative from VW, is optimistic that they are nearing a breakthrough. He believes that by 2026, when their unified cell technology is introduced, the price of electric car batteries will be significantly reduced.

Volkswagen Electric Car Entry Level 2
Volkswagen Electric Car Entry Level 2

However, the VW Group is unsure if it can replicate the success of the Up/Mii/Citigo and create the car independently or if it will require external help. Grunitz explains that the main concern is not whether they have the technological capability to do it themselves, but rather the challenge lies in achieving scalability and developing a truly affordable fully electric vehicle, which is a complex task.

The speaker mentioned that they are also seeking collaboration with partners outside of their group. They expressed uncertainty about the outcome and did not confirm any speculation about a potential partnership with Stellantis. However, they emphasized the importance of profitability in any collaboration. They explained that while making money is important, their main focus is on introducing this car as an entry point to their brand. They believe that the first car someone purchases should be affordable, as it opens the possibility for them to consider purchasing other models from their brand in the future. Therefore, they consider it crucial to have a small and affordable vehicle in their lineup.

Volkswagen Electric Car Entry Level 3
Volkswagen Electric Car Entry Level 3

However, this car will not utilize the scalable SSP platform that is expected to be introduced in 2028 and will serve as the foundation for various models ranging from the Polo to the Bentley Bentayga. Instead, this car will be built on a new platform, as the SSP will be implemented at a later date.

Are they going to use the current MEB platform for the adaptation? “We’re not sure yet. We’re exploring different options.” Stay tuned for updates.

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