Volkswagen Group hasn’t given up on its quest to ship an reasonably priced electrical automobile.

Thomas Schäfer, who heads the automaker’s quantity Volkswagen model, mentioned throughout a press convention on Thursday that an entry-level EV to be known as the ID.1 can be launched in 2027 with a price ticket beginning beneath 20,000 euros (roughly $21,800 based mostly on present change charges).

The automobile will sit within the minicar phase and change the present e-Up electrical hatchback. VW has 4 doable designs for the automotive on the drafting board, and Schäfer mentioned the profitable design can be picked within the subsequent few weeks.

Automotive Information (subscription required) reported that VW may accomplice with fellow VW Group model Skoda to assist share growth prices for the ID.1. The 2 are already engaged on reasonably priced EVs for the Indian market.

Renault Twingo Legend idea

Another choice can be partnering with Renault, which plans to launch an electrical minicar to function the subsequent Twingo hatchback. Renault teased a doable design for its future Twingo with the reveal earlier this yr of the Twingo Legend, an idea with retro styling mimicking the unique Twingo of the Nineties.

In accordance with reviews from earlier this yr, VW is taken with joint growth of a platform for reasonably priced EVs, and Renault is among the doable companions. Renault CEO Luca de Meo can be a former senior VW Group government.

Previous to launching the ID.1, VW will launch an ID.2 subcompact hatch. Schäfer mentioned to anticipate the ID.2 round 2026.

The ID.2, which can use the Polo identify in manufacturing, was previewed final yr with the ID.2all idea. The ID.2 is predicted to be priced from beneath 25,000 euros (roughly $27,200). That is roughly the identical level at which Tesla needs to cost its personal reasonably priced EV due round 2025.