Volkswagen Reportedly Developing A $23,000 Electric Car

German auto giant Volkswagen is reportedly developing a cheaper electric car which it will sell of under 20,000 euros or $23,000. The company is also said to protect jobs in Germany by converting three of its factories to manufacture these cheap electric cars in the country. If it’s able to put out an electric car that costs $23,000, it would undercut Tesla’s Model 3 by almost $12,000. The Model 3 is the cheapest electric car that Tesla sells. It’s the company’s first mass-market electric car.A source familiar with VW’s plans told Reuters that VW’s cheap electric car plans are referred to as “MEB entry,” and the initial model may have a production volume of around 200,000 vehicles. The plan will reportedly be discussed at the company’s supervisory board meeting on November 16th. The meeting will discuss VW’s transformation plan to become a mass producer of electric cars from Europe’s largest manufacturer of combustion engine vehicles.The sour

Volkswagen Reportedly Developing A $23,000 Electric Car

German auto giant Volkswagen is reportedly developing a cheaper electric car which it will sell of under 20,000 euros or $23,000. The company is also said to protect jobs in Germany by converting ...

Sun 11 Nov 18 from Ubergizmo

Volkswagen is reportedly planning to take on Tesla with a sub-$23,000 electric car

Tesla hasn't been immune to competition over the years, but few of those competitors have created true alternatives to the company's vehicles. Some have come close -- like Chevy's "Bolt" SUV ...

Fri 9 Nov 18 from Techspot

Volkswagen reportedly has $23,000 Tesla competitor in the works

Volkswagen, the German automaker that cheated diesel emissions tests, is aiming to release an all-electric car for $23,000 -- undercutting the Tesla Model 3 by nearly $12,000 -- sources ...

Thu 8 Nov 18 from Engadget

VW has plans for sub-$23,000 EV, report says - Roadshow

The automaker reportedly wants to convert three factories to build it.

Thu 8 Nov 18 from CNET Cutting Edge

VW plans to sell electric Tesla rival for less than $23,000: source

Volkswagen intends to sell electric cars for less than 20,000 euros ($22,836) and protect German jobs by converting three factories to make Tesla rivals, a source familiar with the plans said. ...

Thu 8 Nov 18 from Reuters Technology

Volkswagen plans to sell electric Tesla rival for less than $23,000: source, Thu 8 Nov 18 from Reuters Technology

VW plans Tesla rival electric car for less than 20,000 euros: source

Volkswagen will offer a Tesla-rivalling electric car costing below 20,000 euros ($22,836) and convert three of its factories into electric car plants as part of a far-reaching overhaul, a source ...

Thu 8 Nov 18 from Reuters Technology

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