Volkswagen will not be able to produce low-cost electric cars

Volkswagen will not be able to produce low-cost electric cars

January 23, 2019 0 By autotimesnews

Last fall, photo spies managed to shoot an electric Volkswagen I.D. Neo on tests in South Africa, and fans of electric cars are already frozen in anticipation of the release of new items on the market. But if you expected that the German auto giant would start producing cheap versions of electric cars in the near future, you were wrong.

For many years, electric cars were more expensive than conventional cars of a comparable class, but thanks to mass electrification and lower cost of batteries, as well as taking into account the often higher performance, it seemed that now the situation in the price market could even out.

However, according to the chairman of the supervisory board of Volkswagen AG, Hans Dieter Petsh, in the case of small entry-level cars, all-electric versions are expected to remain more expensive than gasoline ones.

According to Petsh, it is easier to electrify expensive premium models, SUVs and more expensive large cars in general, since small city cars require the lowest battery costs in order to become competitive. Because of this, entry-level electrified cars will become more expensive and inaccessible to people with low incomes in the future.

So in the near future, even after the release of the advertised I.D. from Volkswagen, compact city cars, such as the VW E-Up!, will continue to be equipped with internal combustion engines.