Reuters
Volkswagen lays out details of planned affordable electric car
Volkswagen laid out on Wednesday the details of a planned all-electric car costing under 25,000 euros ($26,790), part of the German carmaker’s push to derive 80% of VW passenger brand sales in Europe from all-electric vehicles by 2030. The car with a 450-km range (280 miles), to launch in Europe by 2025, will be the first on Volkswagen’s modular electric platform to feature a front-wheel drive, with design elements that hark back to the first Golf, VW said in a statement. “We are implementing the transformation at pace to bring electric mobility to the masses,” VW brand chief Thomas Schaefer said in a statement.