Volkswagen will offer a budget version of its all-electric compact SUV ID.4 with a small battery pack. The move is aimed at attracting customers as inflationary pressure pushes vehicle prices higher.
Volkswagen of America announced Thursday that it will sell three trims of the 2023 ID.4. This includes his base model with a smaller 62 kWh battery starting at $37,495 before the federal tax credit (not including the $1,295 destination charge). Called the standard trim, the base model is about 6% lower than the comparable trim level of the debut 2021 ID.4 model.
2023 The ID.4 is currently being assembled at an automaker Chattanooga Factor, Tennesseey helps automakers keep prices down while improving some of the interior and exterior features. For example, all trims of the ID.4 SUV come standard with a 12-inch touchscreen display.
The ID.4 price cut is in contrast to what nearly every other automaker (including Volkswagen on other models) is doing in 2022. Supply chain constraints and inflationary pressures pushed companies to raise prices.
For example, Tesla increased prices on some models in June price increase Up to $6,000.There is also a Libyan price increase of its two debut models, the electric R1T pickup and the R1S SUV. GM, Ford and even his VW group are raising prices across their portfolios.
Stellantis CEO Carlos Tarvares said on the company’s second-quarter earnings call that the industry is in a “sweet spot” where shortages of semiconductor chips and other components are hurting production, but high Demand has allowed automakers to charge more, he warned. may end.
Highlights of the VW ID.4
Volkswagen has added other features to its all-electric compact SUV for model year 2023, including new colors, an upgraded exterior, an improved center console and alloy wheels. Notably, previous options such as the Park Assist feature and his 45w USB-C charging port came standard on his ID.4.
The ID.4 is available in three trim levels: Standard/Pro, S and S Plus, with a choice of 62 kWh or 82 kWh battery packs and options for rear or all-wheel drive.
Volkswagen estimates a range of 208 miles for the cheapest base model, a rear-wheel vehicle with a single permanent magnet synchronous motor and a 62 kWh battery. Some features and improvements that highlight the standard model include new stitching on the dashboard, and fabric and leatherette seat side bolsters replacing the basic upholstery of previous models.
The rear wheel ID.4 Pro has an 82 kWh battery and an estimated range of 275 miles. Starting at $42,495. An all-wheel-drive version that can travel an estimated 255 miles on a single charge starts at $46,295 (again, these prices do not include additional destination charges or a reduction from the $7,500 federal tax credit). not included).
According to the company, both of these versions have an increased DC fast-charging capacity of 170kW.
Starting at $42,495, the ID.4 S includes upgrades such as leatherette seat inserts, 12-way power seats, heated steering wheel, panoramic fixed glass roof with electric sunshade, power tailgate, premium LED headlights and 20-inch aluminum. items have been added. -Alloy wheels.
Finally, the ID.4 Pro S Plus has a base price of $50,195 and the ID.4 AWD Pros S Plus is $53,995. This trim adds a ‘unique’ 20 inch wheel. Power folding door mirrors with accent lighting, black painted roof with silver roof accents and silver roof rails, silver accents on front and rear bumpers.
Importantly, all trims have a ‘plug & charge’ function. This is a feature that allows the driver to connect to her Electrify America charging station and simply plug in to recharge without the hassle of using a credit card, app or dongle to initiate charging. Volkswagen has been offering his 30-minute DC fast-charging sessions at Electrify America stations to new owners for three years. Electrify America, a subsidiary of the VW Group, was launched as part of a settlement between the automaker and the US government over a diesel emissions scandal.
The automaker’s IQ.Drive advanced driver assistance system (which requires the driver to keep his hands on the wheel) is also now standard on all trims. When activated, the system accelerates or brakes to maintain the selected following distance from the vehicle ahead, keeps the vehicle in its lane, and recognizes traffic signs. The company has also added a feature that can detect cyclists.
The 2023 ID.4 is expected to reach dealers in the fall.