This EV carries a target price of 20,000 euros. But could such a model make sense in crossover-crazed America?

The new affordable EVs will be based on a lower-cost version of the current MEB dedicated EV platform, found in vehicles like the ID.4 and ID.Buzz. The lower-cost version, dubbed MEB Entry, has been designed to be shorter than the regular MEB platform and features a single motor at the front.

Volkswagen is working on an entry-level electric vehicle that will sell for a base price of €20,000 ($21,000). The company has already given its own employees a look at its initial design during a meeting in Wolfsburg,

Volkswagen has teased a look at its upcoming compact electric vehicle due to be fully unveiled at the beginning of March. Ahead of a production-ready model premiering in 2027, this early look showcases a compact car that will sit at the smaller end of the current Volkswagen range.

Volkswagen CEO Thomas Schäfer outlined the company's future strategy during a works meeting in Wolfsburg, highlighting the brand's commitment to electric mobility and innovation. As part of these plans,