It looks like Volkswagen might finally introduce the electric sedan to the U. S. U. S. Better yet, Volkswagen wants to launch the electric ID. The GTI initially costs between $20,000 and $25,000.
After Rivian CEO RJ Scaringe shocked the industry by revealing its rally-inspired R3 electric crossover, Volkswagen will borrow the show. The EV is even smaller and less expensive than the Rivian R2, which starts at $45,000.
Pablo Di Si, CEO of Volkswagen Group America, believes the German automaker can compete. Say If you see the electrical ID. The GTI sedan, unveiled as a concept by Volkswagen last September, could find a market in the United States.
However, as Di Si explains, the trendy hatchback will be priced right, which he claims ranges from $20,000 to $25,000.
“It would make sense if we hit the right value levels,” Di Si said at VW’s annual press conference.
Identity. GTI is based on VW’s ID. 2, unveiled last March (also in conceptual form). With a starting price of less than $27,000 ($25,000), the ID. 2 is based on a basic edition of its MEB platform, which provides up to 279 miles. of range.
VW logo leader Thomas Shafer has shown that the company will start generating its ID even cheaper. 1 in 2027. It will start at around $21,700 (€20,000).
The ID card costs about $20,000. The GTI would be by far Volkswagen’s top electric vehicle in the U. S. U. S. The 2023 ID. 4 starts at $38,995 (though VW is offering up to $13,000 off with a new lease), while the upgraded 2024 model gets a $740 price increase.
The ID. 4 was the fifth-best-selling electric vehicle in the U. S. last year, with just about 38,000 models sold. In the meantime, an electrical ID. The GTI, starting at $25,000, could help boost sales as a volume model.
“My wish is that value [of $25,000],” Di Si said, explaining, “If we can’t move on to day 25, then it will become more of a niche product. “
However, nothing is set in stone. ” Do we have a plan?Not yet,” Di Si said, “but it’s on our radar. “
The electric Volkswagen ID. The GTI concept “shows for the first time how the GTI label translates into the era of e-mobility. “A production version, on the MEB platform, is expected to be available “no later than 2027. “
The electric vehicle is inspired by the original 1976 GTI, with an update for the new generation.
Even as several competitors scaled back their EV plans, Ford, GM and Mercedes-Benz, Volkswagen reaffirmed its goals at its annual press conference.
Volkswagen was the eighth best-selling electric vehicle in the U. S. last year, with about 3. 2% of the market. Although sales increased, VW was still a rival to BMW, Mercedes-Benz and Hyundai.
The eGolf was the first electric vehicle in our family. We rented a 2015 model for a reasonable price and my wife used it as a daily mode of transportation. We enjoyed this car, although the anxiety for diversity was at the height of this car, it was simply the right length for our desires at the time. A GTI edition with a diversity of more than 250 miles. . . We’d be one of the first in line for that.
The automaker expects expansion to continue in the U. S. The U. S. Navy announced the longer-range ID. 4 and the launch of two new electric vehicles, the ID. 7 and the ID Buzz.
However, none of the EVs are expected to be a volume distributor. Volkswagen has shown plans to launch a larger electric SUV, but the ID. The GTI Hot Hatch may be the volume distributor they are looking for. Especially with upfront costs of around $20,000 to $25,000.
Would you buy the VW ID GTI hot hatch for $25,000?Let us know in the comments.
Source: Automotive News
Peter Johnson covers the automotive industry’s step-by-step transformation to electric vehicles. He is a seasoned investor, money writer, and electric vehicle enthusiast. His enthusiasm for electric vehicles, primarily Tesla, is one of the main reasons he pursued a career in investing. If he doesn’t tell you about his latest discoveries in the 10K, you can spot him enjoying the outdoors or exercising.