New VW EV '40 per cent cheaper to build'

clock • 2 min read

Innovation in battery technology and economies of scale will make Volkswagen's latest electric vehicle significantly cheaper to produce, company claims

Volkswagen's new 'people's EV', the ID.3, will be 40 per cent cheaper to build than the electric version of its Golf model, the carmaker's chief executive said yesterday. Speaking to investors, Herbert...

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Catherine Early

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