Volkswagen brand's flagship electric sedan is likely to cost about 35,000 euros ($42,500) for the base version, CEO Ralf Brandstaetter told a German newspaper.
The EV's price range will be "typical" for what VW customers expect to pay, Brandstaetter said in an interview with the Welt am Sonntag newspaper.
The EV will be a "dynamic and streamlined car" just over four meters long, Brandstaetter, was quoted as saying.
It will be a "dynamic and streamlined car" just over four meters long, Brandstaetter, was quoted as saying.
The sedan, which is expected to compete with Tesla's Model S sedan, is being developed in a program called Project Trinity.
The Trinity name symbolizes VW's goal of achieving three innovative steps with the EV in electrification, self-driving technology, and connectivity.
The production car will be based on a new electric and software architecture that will allow Level 3 autonomous driving and over-the-air software updates.
The sedan will be positioned above the upcoming Aero midsize electric car in VW brand's expanding lineup of electric cars that includes the ID3 Golf-sized hatchback launched in Europe in September and the ID4 crossover due to go on sale globally next year.
The production Trinity will be built in VW's home plant in Wolfsburg, Germany. Its production will adopt a "radical, new approach" heavily based on fully networked processes, VW has said.
