VW races to produce Polo-size electric car for mass-market at between €20,000 and €25,000

Volkswagen is bringing forward the development of a small electric car for the mass market in anticipation of tougher climate regulations, according to plans seen by Reuters, as it seeks to boost sales in a new green era.

Under the project dubbed “Small BEV [Battery Electric Vehicle]”, engineers are racing to develop a purely-battery powered car around the size of a Polo which will be available for between €20,000 and €25,000. This would make it cheaper than Volkswagen’s ID.3 electric car, which went on sale in September.