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Reading: Volkswagen secures $35 million to build its most affordable EV yet, the ID.1
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The Future Automobile > Electric Cars > Volkswagen secures $35 million to build its most affordable EV yet, the ID.1
Electric Cars

Volkswagen secures $35 million to build its most affordable EV yet, the ID.1

2 months ago 3 Min Read
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Here’s a better look at the $22,000 Volkswagen ID.1 EV inside and out [Video]
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Volkswagen was awarded 30 million euros ($35 million) to construct the ID.1 in Portugal on Tuesday. The ID.1 will begin at about 20,000 euros ($22,000) because the smallest, most reasonably priced EV within the Volkswagen lineup.

Volkswagen strikes nearer towards reasonably priced EVs

The ID.1 is “the final piece of the puzzle,” in accordance with Volkswagen model CEO Thomas Schäfer. We bought a sneak peek of the brand new entry-level EV in September after VW unveiled the ID.EVERY1 idea.

Though it was only a idea, in contrast to many, Volkswagen is bringing this one to life. The ID.EVERY1 idea previews “an electrical 20,000 euro Volkswagen,” the corporate mentioned earlier this 12 months.

After signing a cope with the Portuguese authorities on Tuesday to supply the brand new entry-level EV, Volkswagen is one step nearer to bringing it to market. Thomas Hegel Gunther, president of Volkswagen’s Autoeuropa plant in Portugal, confirmed the ID.1 is scheduled for manufacturing in mid-2027.

Commercial – scroll for extra content material

Gunther additionally confirmed it is going to be the brand new VW entry-level EV with beginning costs at 20,000 euros ($22,000). “The approaching years will likely be marked by making the longer term a actuality, Gunther mentioned on the occasion.

Volkswagen's-ID.1-EV
Volkswagen-ID.1-most-affordable-EV

The federal government will contribute as much as 30 million euros ($35 million) in state assist to assist get it began. “For greater than three a long time, Autoeuropa has been greater than a pillar of the nationwide economic system,” Manuel Castro Almeida, Portugal’s Minister of Economic system, mentioned, including, “At present, it reinforces that legacy.”

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Volkswagen-most-affordable-EV
Volkswagen ID.EVERY1 inside (Supply: Volkswagen)

Measuring simply 3,880 mm lengthy, the ID.1 will sit between the previous Up! (3,600 mm) and ID.2 (4,050 mm). It’s barely smaller than the Polo (4,074 mm).

Following the ID.2 and an SUV model, due out subsequent 12 months, Volkswagen will launch the ID.1 in 2027. Because of its partnership with Rivian, it won’t solely be essentially the most reasonably priced Volkswagen EV but in addition the primary software-defined automobile (SDV) mannequin. All three autos are a part of VW’s Electrical City Automobile Household, its new entry-level sequence.

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TAGGED: Electric, Electric Car, Electric Vehicles, Volkswagen, VW
TheFuture Automobile August 20, 2025 August 20, 2025
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