Volkswagen’s Electrifying Promise: 8 Affordable EVs by 2027, Including the ID.2 Hatchback

Volkswagen is set to introduce eight budget-friendly electric cars by the year 2027, according to CEO Thomas Schåfer, who spoke with the German magazine Auto Motor und Sport, with Reuters reporting on the discussion.

Schåfer emphasized in the conversation that they must manufacture their cars in a cost-effective manner and offer them to consumers at reasonable prices.

According to the same source, the ID.2 is among the budget-friendly options that are being fast-tracked. The development process is believed to be shortened to a span of 36 months as opposed to the earlier projection of 50 months. This acceleration is probably essential to ensure the electric hatchback is prepared for its scheduled reveal in 2025.

Concept design for Volkswagen ID.2all

In 2023, Volkswagen gave a sneak peek of the ID.2 through its concept model, the ID.2all, which resembles the Golf. They announced that the market-ready model would be designed to be cost-effective in terms of manufacturing and retail price, with an estimated price tag of roughly $26,500. To keep costs down, the ID.2 is set to utilize an adapted version of the existing MEB platform, which is already in use in Volkswagen's current electric vehicles such as the ID.4, and this version will be known as MEB Entry.

The car manufacturer is also considering a more affordable electric vehicle with a starting price near $22,000. It may take inspiration from the ID.Life concept that VW introduced in 2021, which they mentioned would utilize a simplified version of the MEB platform, known as MEB Small.

The Volkswagen ID.Life is a concept car model

The availability of the ID.2 and its more affordable counterpart in the United States remains uncertain. However, Volkswagen has announced intentions to introduce an electric vehicle priced below $35,000 for the American market. Considering the schedule outlined by Volkswagen back in November—suggesting a three to four-year timeline—this vehicle is expected to debut by 2027, which might make it one of the eight models alluded to by Schåfer.

Expanding its focus from the core Volkswagen marque, the Volkswagen Group has set a target to launch 25 fully electric vehicles specifically for the U.S. market by the year 2030. Each of these vehicles has the potential to be eligible for the maximum $7,500 federal electric vehicle tax credit, provided they are manufactured within the United States.

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