On June 24th, Gizcoupon reported that the Chief Financial Officer of Volkswagen emphasized in a recent interview with Autocar that they plan to introduce the ID.2 electric vehicle to the European market in 2025, with a price tag of 25,000 euros while ensuring a certain level of profitability.
Arno Antlitz, the Chief Financial Officer of Volkswagen, expressed confidence during the interview regarding the company’s plan to launch a 25,000-euro electric vehicle in 2025.
Antlitz highlighted that the Volkswagen ID.2 electric car would be the first model to utilize Volkswagen’s in-house battery. It will be supplied by their factory in Valencia, Spain. Additionally, the ID.2 follows a strategy of “selling in large volumes with small margins.” It will allow for an acceptable profit margin through economies of scale.
Volkswagen ID.2all specifications
As previously reported by Gizcoupon, the Volkswagen ID.2all, priced below 25,000 euros, made its debut in March. This new car is positioned as a pure electric A-segment hatchback. Moreover, it will be built on Volkswagen’s MEB Entry front-wheel-drive platform.
Volkswagen stated that this entry-level vehicle, with a range of 450km (WLTP), will be launched in Europe in 2025. It will be the first model on the Volkswagen MEB modular electric platform to adopt front-wheel drive. Additionally, its design elements can be traced back to the first-generation Golf.
Read more: Citroen e-C3 Electric Car Unveiled By Stellantis To Revolutionize the EV Market
The new car will have a lithium iron phosphate battery, available in 38kWh and 56kWh versions. It also supports 125kW fast charging, allowing it to charge from 10% to 80% in approximately 20 minutes. This will make it one of the fastest-charging models in its class. The car will also feature a front-mounted single electric motor with a power output of 223 bhp. It can accelerate from 0 to 100km/h in less than 7 seconds and achieve a top speed of 160km/h.
