The Volkswagen Group is pushing its electric vehicle range ‘hard’ into the market to shy away from its combustion engine range. VW wants to bust the myth that EV’s cost too much to purchase and so they have released this statement and image shared below.
Press Release: Electric cars are becoming increasingly attractive and affordable. For example, the cost of a battery has fallen by around 80 percent in the last ten years. With the ID.3, Volkswagen is introducing an electric car that costs exactly the same as an equivalent Golf TDI. On top of this, buyers can often apply for a government grant and the running costs of an electric car are lower. This is because electricity costs less than petrol and diesel, there is less tax to pay, and the costs of service and maintenance are only about a third of those for vehicles with conventional drivetrains. When you look at the total cost of ownership, electric cars are a worthwhile acquisition for an increasing number of people.
Volkswagen is equipping the ID.3 1ST with the medium-sized battery option later available for the ID.3 series, which is expected to be most popular. (The ID.3 1ST special edition, which has been especially configured for pre-booking, includes high-quality, high-performance equipment and is limited to 30,000 vehicles)
With the three series battery options, ranges between 330 and up to 550 kilometers in accordance with WLTP will be possible. The pre-booking special edition has a range of 420 km (WLTP). While the base recommended price of the ID.3 series model with the smallest battery version starts at under €30,000 in Germany (target price), the exclusive ID.3 1ST special edition will be available for less than €40,000, before the deduction of the state subsidy in each case.
In December 2018, the Volkswagen Group announced that 2026 will mark the final year of production for vehicles using combustion engine technology. In total, USD50 billion has been earmarked for the development of next generation, carbon neutral vehicles and for the launch of self-driving cars.
