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 might be launched in 2027 with a price ticket beginning under 20,000 euros (roughly $21,800 based mostly on present change charges).

The automobile will sit within the minicar section and exchange the present e-Up electrical hatchback. VW has 4 attainable designs for the automobile on the drafting board, and Schäfer mentioned the successful design might be picked within the subsequent few weeks.

Automotive Information (subscription required) reported that VW may associate 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 could be partnering with Renault, which plans to launch an electrical minicar to function the subsequent Twingo hatchback. Renault teased a attainable 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 studies from earlier this yr, VW is interested by joint growth of a platform for reasonably priced EVs, and Renault is among the attainable companions. Renault CEO Luca de Meo can also be a former senior VW Group government.

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

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