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VW beats Tesla to the punch and unveils an affordable electric vehicle
March 16, 2023
Volkswagen unveiled its affordable, mass-market electric vehicle in the form of a concept called the ID. 2all. With a starting price of 25,000 euros ($26,600) and an estimated range of 450 kilometers (279 miles), the Golf-looking electric hatchback is intended to be that most elusive thing: a plug-in vehicle for the people.
VW revealed the ID. 2all during an investor event in Germany — calling to mind Tesla’s own investor day event, in which Elon Musk was expected to show off his own affordable EV but didn’t. Tesla’s share price dropped after the event as investors griped about the absence of the promised EV. And less than two weeks later, VW has responded with its own spin on what an EV for the mass might look like.