Volkswagen Plans To Introduce Entry-Level EVs In Europe By 2027

LG and ChargePoint Join Hands to Innovate EV Charging

German-based company, Volkswagen board of management of the Volkswagen Group decided to make all-electric entry-level mobility more widespread. Volkswagen Group brings electric cars for EUR 20,000 and its world premiere is planned for 2027.

Oliver Blume, CEO of Volkswagen Group said: “Generations of people associate the strong brands of the Volkswagen Group with their first car – and with affordable mobility. As a group with strong brands, we continue to assume this social responsibility to this day. That’s why I’m very pleased that we’re launching a future-oriented project. It’s about entry-level electric mobility from Europe for Europe.”

Thomas Schäfer, CEO of the Volkswagen brand and head of the Brand Group Core said: “Our brand promise is: electromobility for all. In the Brand Group Core we deliver on this promise. Despite the attractive price, our electric cars will set standards in the entry-level segment in terms of technology, design, quality, and customer experience.”

The brand group core plans to bring affordable electric vehicles from Europe, for Europe, into the market. The world premiere is scheduled for 2027. Volkswagen has been working for some time to offer compact, particularly inexpensive electric vehicles in the price range of around 20,000 euros. The Group’s volume brands are fulfilling their promise to create mobility for all and continue to facilitate entry into e-mobility. With its brand diversity, the Volkswagen Group also assumes social responsibility for affordable, sustainable mobility.

Oliver Blume, CEO of Volkswagen Group, “Generations of people associate the strong brands of the Volkswagen Group with their first car – and with affordable mobility. As a group with strong brands, we continue to assume this social responsibility to this day. That’s why I’m very pleased that we’re launching a future-oriented project. It’s about entry-level electric mobility from Europe for Europe. In doing so, we combine a clear commitment to Europe as an industrial location, a European industrial policy and ultimately act in the interests of European customers.”

Thomas Schäfer, CEO of the Volkswagen brand and head of the Brand Group Core: “The future is electric. For electromobility to become widespread, attractive vehicles are needed, especially in the entry-level segment. Our brand promise is: electromobility for all. This promise is now being fulfilled in the Brand Group Core. Despite the attractive price, our vehicles will set standards in the entry-level segment in terms of technology, design, quality, and customer experience. This task has become more demanding due to rising energy, material, and raw material costs. One thing is clear: electromobility from Europe for Europe can only succeed with political support and competitive framework conditions.”
The project claims to be another milestone on the way to making electromobility widespread in Europe. Intensive work is already underway on the “Electric Urban Car Family”, with which the Brand Group Core will present electric cars for under 25,000 euros as early as the end of 2025. Two new compact cars, one from VW and one from CUPRA, as well as two small SUVs, one each from Škoda and one from VW, are planned here. All four vehicles will be built in Spain. With the project for all-electric entry-level mobility for 20,000 euros, the Volkswagen Group is now taking the next, consistent step.