Volkswagen CEO says a $22K electric car is possible around 2025
November 15, 2023
Is Volkswagen launching an affordable EV? At a conference Wednesday, the automaker’s CEO, Oliver Blume, said an electric car priced around $22,000 (20,000 euros) is possible by the latter part of the decade.
Blume explained that reducing battery costs will be the main driver in lower EV prices during a Berlin conference, as Reuters reported.
He pointed to advances in unified battery cells…