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Volkswagen is working on a cheap electric car for the mass market

29 November 2020, Sunday By Victoria Frolova
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The car will be the size of a Polo, the price for it will not exceed 20,000 and 25,000 euros ($24,000-30,000).

The German Volkswagen group intends to launch a small and inexpensive electric car on the mass market. This is reported by the Reuters news agency, citing its sources.

Volkswagen

According to the source, such plans in the company appeared in connection with the tightening of measures that different governments take to achieve "zero emissions". For example, in the UK, Prime Minister Boris Johnson intends to ban the sale of cars with internal combustion engines and hybrids in the country by 2030. Volkswagen is confident that these and other restrictions in different countries will force the concern to sell in Europe in 10 years not 40% of hybrids and electric cars, as previously assumed, but already 60%.

Inside the company, the project is allegedly called Small BEV, which can be translated as "Small Battery Electric Vehicle." It is expected that the car will be the size of the Polo model and will not cost more than 25 thousand euros.

This will make the Small BEV cheaper than the current Volkswagen ID.3 electric car, which went on sale in September. At the same time, the hatchback has already become the best-selling electric car in Europe in October.

The company has not yet revealed what the future electric car might look like, when it might be released into mass production, or where it might be assembled.

In mid-November, Volkswagen announced that it would spend 35 billion euros on the design and production of electric vehicles over the next five years. This amount was approved by the company's managers at the 69th planning round.

The company intends to completely eliminate harmful emissions into the atmosphere by 2050, and reduce them in 10 years. By 2030, the automaker wants to expand the range of hybrid models from 30 to 60, and electric - from 20 to 70. In absolute terms, this is about 26 million electric cars.

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