Volkswagen is working on an entry-level electric vehicle that will sell for a base price of €20,000 ($21,000). The company has already given its own employees a look at its initial design during a meeting in Wolfsburg,

Volkswagen will unveil the concept version of its entry-level EV on March 5 while the production version based on the MEB platform will arrive in Europe in 2027.

Volkswagen’s new entry-level EV will be part of the fully electric ID product family. This range has been a major success, with over 1.35 million ID cars sold globally since 2019. The new entry-level EV will be based on the MEB platform. It is a shortened version of the one used with the ID.2all hatchback.

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Volkswagen showcased a preview of its upcoming entry-level electric vehicle, priced around €20,000, to its employees. The model is set to debut as a show car in March and be production-ready by 2027.

Volkswagen is launching a €20,000 (~A$33,000) electric vehicle in Europe from 2027, aiming to go head-on with affordable Chinese rivals.

Volkswagen has teased a look at its upcoming compact electric vehicle due to be fully unveiled at the beginning of March. Ahead of a production-ready model premiering in 2027, this early look showcases a compact car that will sit at the smaller end of the current Volkswagen range.