HAMBURG -- Volkswagen and Skoda are working on a plan to localize a small electric car in India as part of the wider program within the VW Group to produce an EV that costs less than 20,000 euros ($21,500).
The India plan is one of four working "streams" currently being overseen within VW's volume brand group to find ways to bring down the cost of an entry small electric car ahead of a planned launch in 2026-27, Thomas Schaefer, head of VW brand, said on the sidelines of the launch of the ID2all small car concept.