Info
Info

Bottom line Volkswagen ID.3 to be less expensive than comparable internal combustion models

News

With the market introduction of the ID.3 this summer, Volkswagen will make e-mobility affordable for many people.

Info

The basic version of the ID.3 will be less expensive in Germany in terms of acquisition and operation than comparable internal combustion models. As regards operating expenses alone, ID.3 drivers in Germany will save about €840 ($941) per year.

“With the ID.3, the electric car will finally become affordable. This model is entirely fit for everyday use and even costs less than an internal combustion model thanks to the environmental bonus,” said Thomas Ulbrich, Member of the Board of Management of the Volkswagen brand responsible for E-Mobility. Currently, preparations for the delivery of the ID.3 are well underway. “The time schedule will be met,” Ulbrich confirmed. ”The ID.3 will be introduced to the market in the summer, as announced.”

In the ID.3, Volkswagen has developed a completely innovative electric car. This will be the first updatable electric car from Volkswagen based on the modular electric drive toolkit (MEB). During production, the current software version will initially be transferred to the vehicle. Over subsequent months, the digital functions will be regularly updated. The objective is to deliver the 30,000 pre-booked ID.3 vehicles in the 1st Edition to customers throughout Europe at almost the same time.

The cost of ownership analysis shows that, in terms of acquisition and operation expenses,: an ID.3 is less expensive, depending on the model variant, than a comparable internal combustion engine model. The basic version with a range of 330 kilometers costs less than €23,430 ($26,242) in Germany, following deduction of the environmental bonus. It is therefore at least as inexpensive as comparable models such as the Golf Life. In addition, ID.3 drivers in Germany save about €840 ($941) per year on operating expenses. Among other items, there is no road vehicle tax, no oil changes are required and the ID.3 is assigned to a less expensive insurance class (class 17). Energy costs are also lower.

Silke Bagschick, Head of Sales and Marketing, e-mobility Product Line, said: “The price is no longer an argument against but rather an argument for the electric car. Leasing offers make the changeover easy and reduce uncertainty. In future, the electric car will also be attractively priced even without subsidies.”

Like the ID.3, the next ID. model from Zwickau is also to be offered with a neutral carbon balance. Volkswagen will be bringing the first electric SUV produced with a neutral carbon balance onto the roads with the ID.4, Ulbrich announced in Berlin: “With the ID. family, we are showing that clean mobility as possible. The best thing is that driving an electric car not only protects the environment and your bank balance but is also enjoyable. I am very much looking forward to bringing the ID.3 to our customers in the summer.”

Volkswagen is reducing CO2 emissions in the production of the ID. family. For example, the electric car plant at Zwickau uses power from renewable sources. Battery cells in Europe are also produced using green power. The entire manufacturing process and the delivery chain are continually reviewed to identify CO2 savings potentials. Volkswagen offsets any emissions which are currently still unavoidable by investing in recognized climate protection projects such as the Katingan Metaya Forest Protection Project.

Furthermore, Volkswagen offers its customers a number of possibilities of charging their electric cars with climate-friendly power. For charging at home, CO2-free Volkswagen Naturstrom is available. On the roads, the fast charging parks of the IONITY joint venture offer 100% eco-power ­- just like charging stations at the Volkswagen plants.

Over the next few years, Volkswagen intends to become the world market leader in e-mobility and is investing €33 billion ($36.96 billion) for this purpose throughout the Group up to 2024. Of this figure, €11 billion ($12.32 billion) will be invested by the Volkswagen brand. The Group is forging ahead with the largest electric offensive in the automotive industry. Deliveries of the compact ID.3 will start in the summer and the world premiere of the ID.4 will also take place this year. In addition, the production of Volkswagen's new electric car generation in China will start at the end of the year.


The Latest News, Brought To You By
Bottom line Volkswagen ID.3 to be less expensive than comparable internal combustion models
Modified on Thursday 12th March 2020
Find all articles related to:
Bottom line Volkswagen ID.3 to be less expensive than comparable internal combustion models
TaaS Technology Magazine
Info
SEAT Introduces Autonomous Mobile Robots In Its Barcelona Factory
Iteris Awarded $3.3 Million Contract By City Of Modesto For Smart Mobility Initiative
AAM And REE Automotive To Jointly Develop New Electric Propulsion System
Construction Begins On First-of-its-kind Electric Vehicle Battery Technology Centre And Pilot Line
Dr. Matthias Jurytko Takes Over The Management Of The Fuel Cell Joint Venture Cellcentric
EasyMile Raises €55 Million In Series B Round
Uber, Mobilize, RATP And Blablacar Join Forces For Sustainable Mobility By Launching The “Mobilité360” Project
Former Google Head Of Energy Strategy Neha Palmer Joins TeraWatt Infrastructure
Faction Raises $4.3M To Develop Light EV Driverless Fleets
Toshiba Expands Scope Of Its Solid-State LiDAR Solution To Address Transportation Infrastructure Monitoring
Pininfarina And MT Distribution Join Forces To Create A New Range Of Vehicles For Urban Electric Micro-mobility
Fisker Launches Resource For Environmental, Social, And Governance Policy, Practices And Reporting And
HELLA Brings Latest Passenger Car 77GHz Radar Technology Into Series Production
European Launch: NIO To Sell Smart Premium EVs In Norway
FEV Successful In Designing Low Emission, Efficient Hydrogen Internal Combustion Engine
Ford Boosts Investment In Solid Power
Nano One And Johnson Matthey Enter Into A Joint Development Agreement For Lithium-ion Battery Materials
Nikola And Total Transportation Services Inc. Sign LOI For 100 Nikola Trucks
Gilbarco Veeder-Root Expands E-mobility Platform With Launch Of EVerse
PCB Depaneling: Laser Technology Improves Quality And Efficiency For Automotive Applications
GHD Survey Reveals Half Of British Consumers Are Considering An Electric Vehicle In Next Five Years
Faraday Future Selects Velodyne As Exclusive Lidar Supplier For Flagship FF 91
Daimler Truck AG And Volvo Group Fully Committed To Hydrogen-based Fuel-cells – Launch Of New Joint Venture Cellcentric
Renault Group And Plug Power Inc. Launch HYVIA
Info
Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the TaaS Magazine, the TaaS Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info
{taasPodcastNotification} Array
Live Event