VW CEO Blume says budget EV could come in second half of decade

VW ID2 all — The new model will be even cheaper than the the ID2all concept, which is under development for 25,000 euros. (NICK GIBBS)

By:

Reuters

November 15, 2023 01:39 PM

BERLIN -- Volkswagen has not made a decision on producing a 20,000-euro ($22,000) battery-electric car yet, but CEO Oliver Blume is convinced that the company can get there by the second half of the decade.

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