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Volkswagen loses € 3000 from every electric car – Automotive News



The Volkswagen ID base hatchback will cost € 29,990, says the German magazine Auto Motor und Sport, which refers to its own resources from the Group. The information is in line with the company's promise that the price of the first fully electric model will not exceed the price of a similar diesel car (exactly € 29,990 for a Golf 2.0 TDI).

The initial ID cost seems acceptable, but at least in the initial phase of sales, the model will only bear losses. Volkswagen has already calculated that they will sell an electric car at minus € 3,000 for each specimen. However, by 2025, the MEB would have earned more profit than if it had ICE cars.

The loss of electric vehicles is not unusual for the industry. According to late Sergio Markione, the Fiat 500e is over $ 14,000 in sales and General Motors admits $ 9,000 is lost from every Bolt Bolt sold.

Volkswagen will begin accepting orders in May. The hatchback will be available with a 62 kilowatt-hour battery and later with 48 and 82 kilowatt-hour batteries. The hatchback will be powered by an electric motor located between 170 and 204 hp.


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