Volkswagen CEO Thomas Schäfer outlined the company's future strategy during a works meeting in Wolfsburg, highlighting the brand's commitment to electric mobility and innovation. As part of these plans,

Volkswagen is accelerating its focus on affordable electric vehicles. The company revealed a bold strategy to expand access to e-mobility, with a new entry-level model priced around €20,000.

At a Volkswagen works meeting in Wolfsburg, Thomas Schäfer, CEO of the Volkswagen Passenger Cars brand, has presented plans for the future of the core brand. Employees also had a first glimpse of the design of the Volkswagen brand’s future entry-level electric model at a price of about €20,

The new affordable EVs will be based on a lower-cost version of the current MEB dedicated EV platform, found in vehicles like the ID.4 and ID.Buzz. The lower-cost version, dubbed MEB Entry, has been designed to be shorter than the regular MEB platform and features a single motor at the front.

Volkswagen is working on an entry-level electric vehicle that will sell for a base price of €20,000 ($21,000). The company has already given its own employees a look at its initial design during a meeting in Wolfsburg,

What you are looking at here, is Volkswagen’s future entry-level electric model, which will be sold at a price of around €20,000 (Rs. 18.15 lakh).