VW's ID.2all compact EV will cost under €25,000 when it arrives in 2025

Volkswagen has teased a genuinely affordable EV for years (the ID.3 was originally meant to be that model), but now it's finally ready to make that machine a reality. The company has unveiled an ID.2all concept that previews a production compact car priced below €25,000 (about $26,000). It should be considerably more affordable than the second-gen ID.3 (€39,995 in Germany), but it won't be as compromised as you might think.

The ID.2all is based on an upgraded "MEB Entry" platform that promises more performance than you'd expect from an EV this size. The front wheel drive car will pack a 223HP motor good for a 62MPH sprint in under seven seconds, and it should muster an estimated 280-mile range. It's expected to take just 20 minutes to charge from 10 percent to 80 percent, too. While there are clearly faster and longer-ranged EVs, VW's offering is more capable than alternatives like the Mini Cooper SE.