Faced with high domestic costs, stuttering demand for EVs and increasing competition from lower-cost Chinese makers, Volkswagen outlined a five-year plan for its namesake brand.

It could be the ID.1, a car VW has promised since 2022.

Volkswagen is working on an entry-level electric vehicle that will sell for a base price of €20,000 ($21,000). The company has already given its own employees a look at its initial design during a meeting in Wolfsburg,

What you are looking at here, is Volkswagen’s future entry-level electric model, which will be sold at a price of around €20,000 (Rs. 18.15 lakh).