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VW reveals ID3 in fight to topple Tesla as EV leader | Automotive News Europe

Volkswagen has revealed the name, pricing and driving ranges for its first mass-market EV. The Golf-sized battery-powered car is part of VW Group’s 30 billion-euro ($34 billion) strategy to topple Tesla as the electric-car leader. It will be called the ID3.

VW has started a pre-booking marketing campaign for a launch-edition ID3, which will be priced at below 40,000 euros ($45,000) in Germany, excluding government incentives.

Other ID3 versions will include an entry-level car priced below 30,000 euros, about the same level as the diesel variant of the Golf hatchback, and a large battery version, whose pricing was not disclosed.

“We are not playing,” VW sales chief Juergen Stackmann said at an event in Berlin on Wednesday launching the reservation program. “This is the car to beat for the future, for all our competitors.”

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VW reveals ID3 in fight to topple Tesla as EV leader.

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