VW’s new electric car could cost as little as €20,000

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The VW Up replacement will be launched in 2027

Volkswagen has confirmed what had previously been only rumour — it will launch an affordable, small, electric car, potentially priced as low as €20,000, by 2027.

“As a group with strong brands, we continue to assume this social responsibility to this day. That’s why I’m very pleased that we’re launching a future-oriented project. It’s about entry-level electric mobility from Europe for Europe. In doing so, we combine a clear commitment to Europe as an industrial location, a European industrial policy and ultimately act in the interests of European customers.

Speaking of the upcoming ID.2, that car — and the Skoda and Cupra spinoffs, plus one other crossover-shaped VW model — will kick off the Volkswagen Group’s move into more affordable electric models. Those cars, including the Skoda Epiq and Cupra Raval, are expected to have prices starting from around €25,000, with a range of up to 400km.

An upcoming €20,000 EV city car could also be the saviour of Seat. The Spanish brand has been rather left out in the cold from VW’s recent electric car strategy, and the rise of its spinoff performance brand, Cupra had many assuming that Seat would be eventually allowed to wither on the vine, a view seemingly backed up by various senior VW Group management pronouncements.

“The future is electric. In order for electromobility to become widespread, attractive vehicles are needed, especially in the entry-level segment. Our brand promise is: electromobility for all. This promise is now being fulfilled in the Brand Group Core.

 

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