According to German media, VW plans to lower the base list price for its revised ID.3 below the 40,000 euro mark. Currently, the model is available in Germany from 43,995 euros.
The price tag was added at the beginning of December when Volkswagen considerably thinned out the ID.3 range and announced a revised version. That new edition was unveiled this week – but not the price. Therefore, the starting price for ID.3 Pro with a 58 kWh battery remains at 43,995 euros for now.
VW representatives – including CEO Oliver Blume – have spoken out against the price battle in recent weeks, following massive price cuts by Tesla. However, it seems that the German carmaker wants to lower the price of its ID.3 as well, German Handelsblatt reports, citing insiders.
Blume won’t have to revise his stand on price battles (the basic version of Tesla’s Model 3 costs nearly the same as an ID.3 Pro). After all, lowing the price of the ID.3 is not officially a price cut, but rather the new price for a (re)introduced model.
In the wake of the semiconductor shortage, Volkswagen decided to use what was available for higher-priced models with larger batteries. The ID.3 base model with a 45 kWh battery (supposed to cost less than 30,000 euros) was taken off the market. It will probably have its comeback soon. But the price remains unknown.
According to Handelsblatt, VW will communicate prices at the end of April at the latest. So just ahead of the start of pre-sales. However, whether this is also true for the 45 kWh model or if the entry-level variant will launch later is unclear. In any case, VW already announced that a VW ID.3 with a smaller battery (than the 54 kWh version) would be made available.
handelsblatt.com (in German)
Keyword: Germany: VW could lower the price of its ID.3