This is a great summary of the Volkswagen announcement!
Here are some key takeaways that you've highlighted well:
- Affordable EV Coming: VW is aiming to make electric mobility accessible with a new model priced around €20,000 ($20,800). This undercuts many existing EVs on the market.
- Possible Name: The "ID.One" name has been spotted in promotional materials, suggesting it might be the official name for this budget-friendly EV.
- ID.2all: VW also confirmed a second affordable model called the ID.2all, priced at around €25,000 ($26,000).
- Shared Platform: Both new models will utilize VW's modular electric platform, which is already used in vehicles like the ID.4 and ID.Buzz. This suggests potential for efficient production and cost savings.
- Cost Reduction Measures: Beyond new EV models, VW is also cutting costs through workforce reductions (35,000 jobs) as reported by the Wall Street Journal.
Overall, this news shows that Volkswagen is serious about becoming a major player in the affordable electric vehicle market.