Volkswagen: Our Long Range EV To Be Up To $8,000 Cheaper Than The Tesla Model 3
Volkswagen representatives have decided to compare their upcoming, all-electric I.D. compact car (Golf sized) with the Tesla Model 3, and state it will have a significantly lower price tag…when it arrives in ~2020.
We are not sure whether the two models should be directly compared – other than the fact they are both long range EVs, they are both pretty unique, but Volkswagen doesn’t miss an opportunity to praise the I.D.
Dr. Thomas Sedran, Head of Group Strategy at Volkswagen Group, said at the Automobil Forum in Munich that the I.D. will be between $7,000 to $8,000 cheaper than Model 3, the Tesla is forecast to start at $35,000 – which would make the I.D. Concept $27,000 to $28,000.
This all of course assumes that Sedran is understanding the base price of the Model 3, and isn’t using Tesla CEO Elon Musk’s anticipated average selling estimate for the Model 3 at $42,000…if he is, that would make base pricing identical.
Although we’d rather not see VW continually come at Tesla in the press (which seems a bit silly at the moment, given VW history of doing a lot of talking- but not a lot of selling in the EV space), it would be nice to see more affordable electric models hit the market.
With that said, the I.D. doesn’t launch until 2020, and who knows what the price of the Tesla Model 3 (or the legion of other long range EVs) will be at that point, pricing expectations could be adjusted down if the battery costs decrease and competition rises. Sedran expects VW’s battery costs to drop from €150-200/kWh to less than €100/kWh.
VW I.D. Quick specs:
- 249 to 373 miles (400-600 km) – NEDC (so about 175 to 265 miles real world/EPA equivalent)
- MEB platform
- 125 kW motor
- 0-62 mph (100 km/h) acceleration in less than 8 seconds