Volkswagen is working on the ID.2: an electric car with a range of up to 300 km and a price tag starting at €20,000

German car manufacturer Volkswagen plans to expand its ID range of electric cars with a new budget model.

What is known

It is a compact crossover Volkswagen ID.2. The novelty will get a design in the style of ID.3, ID.4 and ID.6, as well as dimensions like the T-Cross model.

The car is planned to be built on the MEB platform and equipped with new lithium-iron-phosphate batteries. They will cost 50% less than the existing versions. Due to this the company will be able to reduce the overall cost of the car. As for specifications, the novelty is attributed a few kits with batteries from 30 to 45 kWh and range from 200 to 300 km.

If is to be believed rumours, the car will cost from €20,000 in Europe.

Volkswagen ID.2 is rumored to be unveiled in Munich next week, with a production run scheduled for 2023. 

Recall that Tesla is also working on a low-cost electric car. They have already created its prototype at the company's Chinese plant. 

Source: Autoexpress