Volkswagen Is Making A New Electric Vehicle Costing Under $35,000
Volkswagen has big plans to make an affordable electric vehicle under $35,000 for U.S. markets. This new EV is designed for the North American markets, meaning the model will either be manufactured in the U.S. or Mexico. Depending on where the new Volkswagen EV will be built and potentially using local battery packs, this car might be able to qualify for the $7,500 EV tax credit. It doesn’t seem like the new EV that’s under $35,000 will arrive until 2027. Electric vehicles like the ID.4 and the ID.2all were also made with a low price in mind and Volkswagen worked hard to keep the cost as low as possible for both electric vehicles.
Volkswagen ID.4 Tax Credit
There is excellent news for the electric Volkswagen ID.4 crossover SUV, which is how the ID.4 can get a full $7,500 federal EV tax credit for all trim levels. Volkswagen is the first international automaker to have an electric vehicle that can get full credit. Initially, the ID.4 was not on the EV list to qualify for the tax credit, but the federal government recently added it back on.
The 2023 ID.4 has two different battery sizes, 62kWh and 82kWh, plus two powertrains. The standard model has a 62kWh battery with a range of 209 miles and a starting cost of $38,995 (plus destination fee). The ID.4 Pro comes with an 82kWh battery and 275 miles of range, costing $43,995 (plus the destination fee).
When the $7,500 tax credit is added, the ID.4 will be one of the most affordable EVs. The Inflation Reduction Act sanctions the tax credit and has very specific rules that have to be followed for assembly, battery materials, and the supply chain. To qualify for the tax credit, the EV and its battery need to be sourced and built in North America or with an approved trade partner.
More On The ID.4
The new ID.4 is an electric vehicle with many updated features. However, the design still sticks to loyal VW customers. Just because the ID.4 is an EV doesn’t mean it detracts from the original gas-powered VW look and feel. Any driver will notice the changes but will still know it’s keeping to the original roots of any Volkswagen vehicle. The vehicles made in Chattanooga sink up nicely with the cars brought over from Germany.
New features for the ID.4 include a standard 12-inch infotainment screen, intelligent park assist, USB-C charging, new wheel designs, and more. Plug and Charge charging is available at Electrify America stations. The car’s interior has leather seats and door paneling with a high-quality instrument cluster. There are also buttons on the steering wheel, CarPlay, and Android Auto. The ID.4 comfortably accommodates up to five passengers and has good storage space.
How To Learn More
To learn more about this new electric vehicle that will cost below $35,000, you can visit the Nye Volkswagen of Rome social media page. Meanwhile, come on down to Nye Automotive Group to check out the latest ID.4 electric car models.