Volkswagen is looking for potential partners to develop low-priced, entry-level electric vehicle products, and has approached several car brand groups, including Renault, with the goal of cooperating in the development of pure electric vehicles with a terminal retail price of less than 20,000 euros to counter China's competitive advantage in this level of market.
In recent years, China's export of electric vehicle products has considerable competitive advantages in terms of cost, specifications, design and other aspects. Among them, the issue of whether China's export of electric vehicles involves state subsidies has aroused the concern of Europe and other countries, and the European Executive Committee and the European Parliament have also investigated the above issues. Although the jury is still inconclusive, there is almost a consensus in the European auto industry that it is necessary to introduce lower** electric vehicles to attract consumers' favor and counter China's electric vehicle product advantage.
Volkswagen has approached several car brand groups, including Renault, to seek cooperation in the development of entry-level electric vehicles, with the goal of developing an electric vehicle with a terminal retail price of less than 20,000 euros, and the time is set to be around 2025 to 2026.
This plan is still in the negotiation stage, so there hasn't been much other information about the specificationsPreviously, news from Volkswagen pointed out that the future will be ID1 As an entry-level electric vehicle, the price is around 20,000 euros. According to the existing information, it is clear that car manufacturers are seeking more cost sharing possibilities to reduce or offset the low-cost advantages of Chinese manufacturers through the joint development model.