Volkswagen is expanding its electric vehicle lineup with larger SUVs and more affordable models like the ID.1 and ID.2, priced at €20,000 and €25,000 respectively. The company aims to offer affordable electric mobility, with production starting in 2027. China continues to lead in EV sales, defying the global slowdown narrative. Additionally, VW plans to introduce an electric ID. GTI hot hatch in the US at $25,000. Rivian and Hyundai are experiencing growth in US EV registrations, outpacing competitors.
The global transition to electrified personal transport is gaining momentum, with consumer electric vehicles (#EVs) leading the way. According to the International Energy Agency (IEA), EV sales exceeded 10 million units in 2022. Article by @NordicTweets: https://t.co/vQiqdzwxqv https://t.co/hpgFwFN2VQ
Rivian (RIVN) and Hyundai see US EV registration growth in January, outpacing rivals https://t.co/0haI3R5ZND by @EVPeteJohnson
Volkswagen wants an electric ID. GTI hot hatch in the US at $25,000? Bring it on! https://t.co/JeOPOWrIOX by @EVPeteJohnson
January saw new battery-electric vehicle registrations climb 15%, a more modest pace than 2023's 52% growth, per S&P Global Mobility data. https://t.co/hab93cbgN1
VW will launch the €25,000 electric ID.2 in 2026 and the €20,000 electric ID.1 in 2027. The automotive world is not standing still waiting for Musk to get off his drugs and conspiracy theory tweeting: https://t.co/3V4Y3oZsyJ $VWAPY $TSLA
The 25,000-euro EV is indeed coming next year, and from VW's Skoda, not $TSLA. (We're long VW via $VWAPY ADRs) https://t.co/szL2JKSsdL
For the first time, @VW announced it aims to start producing its most affordable electric car, the ID.1 in 2027. It plans to offer "affordable electric mobility for everyone" with this new model, starting at $21,700 (eg an even €20,000). https://t.co/HWkTuSZaI6
China is defying the EV slowdown narrative. In 2023, EVs hit 20% of global vehicle sales with China leading the pack. And the country's clean-truck market, one of the hardest segments to electrify, is picking up speed. Read more from @colinmckerrache. https://t.co/61etSYmyiE
Volkswagen announces production start date for its most affordable $20K ID.1 EV https://t.co/Z0zH5AUsxX by @EVPeteJohnson
Volkswagen confirms larger electric SUV coming to the US, hybrids too? https://t.co/oKmYfdjZRz by @EVPeteJohnson