Monthly Archive: May 2024

VW plans 2027 debut for $22,000 EV for Europe, beyond

2024 Volkswagen ID.4Volkswagen on Tuesday announced a goal of launching an EV priced at 20,000 euros—equivalent to $22,000 at current exchange rates—in 2027. This affordable EV is aimed at the European market, with a high degree of manufacturing and supply-chain localization entailed in the project, VW said in a press release. This will allow for shorter...

Morgan Stanley cautions of possible new price competition following BYD’s launch of 5th-gen DM tech and new models

“While new launches should boost wholesale volume, we would monitor whether it could spark another round of price competition,” Morgan Stanley said.

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