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VW CEO says ID CROZZ electric crossover will sell for around $40,000

Volkswagen ID Crozz

Scott Keogh, CEO of VW of America, said this month that the ID CROZZ will sell in the low- to mid-$30,000 range after a $7,500 federal tax credit. That suggests a pre-incentive sticker price of around $40,000 for the brand’s first high-volume, ground-up EV sold in the US. Keogh, who spoke with Automotive News at the LA Auto Show, also gave hits about sales volume.


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VW breaks ground on massive Tennessee EV plant, dubbed a “magic moment” by CEO

Volkswagen

Volkswagen breaks ground Wednesday on its Tennessee plant that will produce two battery-powered cars, according to Reuters. Plans for the $800 million investment in the Chattanooga plant were first announced in January. The ground-breaking shows that Volkswagen is intent on achieving its goal of producing 50 million electric cars in the next several years.


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VW CEO Diess says batteries are better than hydrogen, calls for carbon price

diess merkel id.3 production

At Volkswagen’s ceremony celebrating the start of ID.3 production, CEO Herbert Diess made several comments on the electrification of the industry. In particular, he stated that batteries, as opposed to hydrogen, are a quicker and cheaper way to reduce automotive industry emissions. He also called for a price on carbon and committed to reducing his company’s fleet carbon emissions by 30% by 2025, and to zero carbon by 2050.

German Chancellor Angela Merkel also spoke at the event. She called for the German government to increase electric car incentives and set a target for the country to install a million public charging stations by 2030 to fuel 7-10 million German EVs by the same year.


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VW unveils production version of ID.3 electric car: starts under $33,000 with range up to 340 miles

Europe EV

VW has unveiled today the production version of one of the most anticipated electric car of the year, the ID.3, Volkswagen’s first car on its new MEB electric platform.

The based version of the ID.3 electric car starts under $33,000 (€30,000) and the range of the higher-end version goes up to 340 miles (550 km).
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VW says battery cell contracts for massive EV ramp up are secured ‘for first few years’

Northvolt

The Volkswagen group is about to transition its electric car production from just a few thousand cars per year to millions of units per year and that’s going to take an incredible amount of battery cells.

Despite some concerns, VW now says that its battery contracts are secured ‘for the first few years’ of the production ramp up.
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