Volkswagen is set to launch a base-model, long-range electric vehicle for less than $23,000, a price that would undercut the long-awaited entry-level Tesla Model 3 by more than a third. After tax credits, the new version of the Model 3 still starts at about $40,000.
The Volkswagen Group has laid out an aggressive strategy that will include more than 40 all-electric models, as well as dozens of hybrids and plug-ins, for sale through its dozen different passenger vehicle brands. Discussions with Ford Motor Co. could partner them on EV development.
Read the article at The Detroit Bureau.
The post Volkswagen Targets All-Electric Industry Leader Tesla appeared first on Fleet Management Weekly.
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