VW is planning to sell Tesla's electric rivals for less than …

Volkswagen plans to drastically undermine Tesla in an effort to conquer Elon Musk's electric car company.

According to Reuters, the company plans to sell its CBT entry vehicle for only £ 22,836 (20,000 euros) and plans to make 200,000 euros a year.

The basic model of Tesla 3 costs $ 35,000, but is not yet available, with the cheapest version costing $ 45,000.

Volkswagen will produce 10 million cars that are affordable and fully electric. They will all be based on the modular MEB platform, including the & # 39; ID & # 39; concept cars (photo). According to Reuters, the company plans to sell its CBT entry vehicle for only £ 22,836 (20,000 euros) and plans to make 200,000 euros a year.

Volkswagen will produce 10 million cars that are affordable and fully electric. They will all be based on the modular MEB platform, including the & # 39; ID & # 39; concept cars (photo). According to Reuters, the company plans to sell its CBT entry vehicle for only £ 22,836 (20,000 euros) and plans to make 200,000 euros a year.

WHERE TESLA IS $ 35,000 MODEL 3

Tesla recently launched a new $ 45,000 version of its Model 3 sedan on its website, launching the car because US tax credits for Tesla cars will soon drop.

however, it is not expected that this will sell the long-awaited base model of $ 35,000 until next year.

According to the website, the rear-wheel drive model has a mid range battery, a range of 260 miles, 50 miles less than the long-distance battery with which the more expensive Model 3 is equipped.

It hopes to protect German jobs by converting three factories into Tesla rivals, a source familiar with the plans.

VW and other car manufacturers are struggling to adapt quickly enough to strict regulations introduced after the car manufacturer has deceived diesel emission tests. Last month the CEO Herbert Diess warned that the German car industry is threatened with extinction.

Plans for VW's electric car, known as & # 39; CBG entry & # 39; and with a production volume of 200,000 vehicles, are being discussed at a meeting of the Supervisory Board on November 16, the source said.

Another vehicle, the I.D. Aero is being built in a factory that currently makes the VW Passat, a medium-sized sedan, said the source.

The car manufacturer based in Wolfsburg, who refused to comment on the plans, is also expected to discuss far-reaching alliances with the manufacturer of battery cells, SK Innovation and rival Ford, the source said.

Volkswagen introduced its MEB-based ID concept cars in March. The lineup includes the I.D Vizzion sedan, I.D hatchback, I.D Crozz SUV and the I.D Buzz Microbus.

Volkswagen introduced its MEB-based ID concept cars in March. The lineup includes the I.D Vizzion sedan, I.D hatchback, I.D Crozz SUV and the I.D Buzz Microbus.

Volkswagen introduced its MEB-based ID concept cars in March. The lineup includes the I.D Vizzion sedan, I.D hatchback, I.D Crozz SUV and the I.D Buzz Microbus.

The strategy meeting of November 16 will discuss Volkswagen's transformation plan to become Europe's largest producer of combustion engine vehicles to a mass manufacturer of electric cars, another source familiar with the deliberations.

VW's strategy shift comes as cities begin to ban vehicles with diesel engines, forcing car manufacturers to come up with new ways to preserve 600,000 German industrial jobs, 436,000 of which from car companies and their suppliers.

An electric van, the ID Buzz, will be built at the VW factory in Hannover, where the T6 Van is made, the source said.

In order to release the production capacity for electric cars in Hanover, Volkswagen's transport vehicle could be produced at a Ford plant in Turkey, as the German trade unions, which own half of the seats on the VW board of directors. agree, the source added.

VW and Ford are in & # 39; exploratory talks & # 39; an alliance to develop self-propelled and electric vehicles and to complement each other's global production and sales footprint, reported Reuters last month.

Tesla recently launched a new $ 45,000 version of its Model 3 sedan on its website, launching the car because US tax credits for Tesla cars will soon drop.

Tesla recently launched a new $ 45,000 version of its Model 3 sedan on its website, launching the car because US tax credits for Tesla cars will soon drop.

Tesla recently launched a new $ 45,000 version of its Model 3 sedan on its website, launching the car because US tax credits for Tesla cars will soon drop.

Ford has strong sales and profits in the United States thanks to its exposure to the lucrative pick-up segment, while Volkswagen dominates the market for passenger cars in Europe.

The companies are considering cooperation agreements in the field of commercial, electric and autonomous vehicles, although a definitive agreement is unlikely to be announced at the strategy meeting of 16 November at Volkswagen, said the second source.

The details of a cooperation agreement with Ford can be finalized until the end of the year, said the second source.

Volkswagen, like other German car manufacturers, is pushing the volume production of electric cars, while the American competitor Tesla is struggling to scale up the production of its Model 3.

Volkswagen, like other German car manufacturers, is pushing the volume production of electric cars, while the American competitor Tesla is struggling to scale up the production of its Model 3.

Pictured is the I.D Crozz

Pictured is the I.D Crozz

Volkswagen, like other German car manufacturers, is pushing the volume production of electric cars, while the American competitor Tesla is struggling to scale up the production of its Model 3. Pictured is the I.D Croz

The German car manufacturer will mainly focus on discussing the merits of converting the VW factories in Emden, Zwickau and Hannover, all of which build cars with combustion engines, to electric cars under the plans are discussed by the board of directors, said the source.

Car manufacturers in Germany agreed on Thursday to spend up to 3,000 euros ($ 3,430) per vehicle to add more efficient exhaust filter systems to reduce diesel emissions, but failed to prevent a ban on diesel vehicles in Cologne and Bonn.

EU legislators have agreed to reduce car emissions by 20 percent by 2030, after a U.N. report called for dramatic measures to slow down global warming.

Diess said that average emissions of carbon dioxide emissions in Europe would drop by 30 percent by 2030, VW should increase its share of fully electric vehicles to 30 percent of new car sales.

The shift from internal combustion engines to electric cars would also cost 14,000 VW jobs by 2020, as it would take less time to build an electric car than a conventional car and because jobs abroad go to battery manufacturers.

In Europe there are about 126 factories that make combustion engines, employing 112,000 people. The largest such plant in Europe is VW & # 39; s in Kassel.

WHAT IS VOLKSWAGEN & # 39; S & # 39; I.D. VIZZION? & # 39;

In addition to the Sedric self-propelled bus, Volkswagen also unveiled the I.D. Concept car of Vizzion at the Geneva Motor Show this year.

The company calls the I.D. Vizzion is a smart lounge on wheels. & # 39;

It is completely electric and autonomous, without steering wheel, pedals or dashboard.

The concept, which is not expected to be available for years, is Volkswagen's vision of the family car of the future.

The car recognizes the owners, opens the door for them and then adjusts the settings – such as music, temperature and lighting – to suit the personal preferences of the passengers.

The spacious interior of the car should look and feel more like a lounge.

This means that parents can do some work – if their children behave well enough to leave them – while they are being taken to school and then to the office. Or they can just relax.

The car will also be completely electric, which means it is much better for the environment than diesel or petrol cars.

The output is approximately 300 hp with a range of 413 miles (665 km).

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