A model of a Volkswagen Bus is seen before the annual news conference of the Volkswagen Group at DRIVE.Volkswagen Group Forum, in Berlin, Germany March 14, 2023. REUTERS/Annegret Hilse
BERLIN (Reuters) - Volkswagen still wants to bring an affordable electric vehicle - costing around 25,000 euros ($26,790.00) in today's prices - to market by 2025, the carmaker said on Tuesday, describing it as a model below the ID.3.
"We will have significant scale by then... our Valencia plant cell factory gives us additional improvement on the cell side. By then we (will) hopefully have also made significant progress in attaining a significant supply (of) raw materials," Chief Financial Officer Arno Antlitz said on an analyst call.
