The ID.4 electric crossover SUV is now being produced at Volkswagen’s manufacturing facility in Chattanooga, Tennessee. It’s the company’s first electric vehicle to be built in a North American factory.
As VW ramps up production, excited and interested EV buyers are waiting for a more affordable model. The Volkswagen ID.4 electric crossover SUV was released in 2021, and over 190,000 vehicles were delivered worldwide. The popular SUV was sold out in Europe and the United States for nearly a year.
According to Volkswagen, kicking off production in the company’s factory in Chattanooga, Tennessee, is likely to help with supply problems. VW also plans to increase output at its Chattanooga site by 7,000 vehicles per month “later this year.” The first round of deliveries is expected in October 2022.
The price for the vehicle is also significantly changing as it is being produced in the United States. In 2020, the base price was $40,000 but almost immediately increased to $41,230.
The company hopes to price the U.S built base model ID.4 at $35,000. The tax break would lower the total price to $27,500. The more affordable model uses a 62kWh battery which is cheaper than the 82kWh battery versions. The vehicle range will likely be 250 miles because of the more constrained battery. At first, the battery was produced by South Korea’s LG Chem, but Volkswagen is now partnered with SK Innovation.
Did you enjoy this article? Read other articles on CBT News here. Please share your thoughts, comments, or questions regarding this topic by submitting a letter to the editor here, or connect with us at email@example.com.