Volkswagen Brand CEO Confirms Two Entry-Level EVs

After 100 days of running the Volkswagen Passenger Cars brand, CEO Thomas Schäfer has outlined his vision for the marque, offering details about the company’s upcoming EV products in the process.

In a LinkedIn post, Schäfer, who previously was the head of Skoda Auto, said that Volkswagen would only build electric cars in Europe from 2033 at the latest. That would be two years ahead of the European Union’s 2035 ban on internal combustion engines.

“Alongside this, we are stepping up our e-campaign, introducing ten new e-models by 2026. Our new entry-level e-car will come in two versions – as a small car and as a sporty crossover variant. In addition, we are looking into creating a compact SUV based on the ID.3.”

This is an interesting update because up until now, Volkswagen was believed to be developing a single entry-level EV, a sub-ID.3 crossover expected to wear the ID.2 moniker. Now we learn that Volkswagen will offer two base EVs, a small hatchback and a sporty crossover.

The fact that VW is also considering an ID.3 SUV is noteworthy as well, and it indirectly confirms that the entry-level EVs will be subcompacts—think of them as the electric counterparts to the VW Polo and T-Roc. Volkswagen previously said that the target price for its entry-level EV is under €25,000 ($24,850), and Schäfer says that goal is maintained.

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