💨 Abstract

Volkswagen plans to sell a 20,000-euro electric car in Europe by 2027, using software from its joint venture with Rivian to reduce vehicle weight and simplify manufacturing. To achieve this price, it needs to lower battery costs. The carmaker is also developing eight affordable electric models, including the ID.2, priced under 25,000 euros by 2027.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖