Wednesday, July 24, 2024

The US-made Volkswagen ID.4 start at $37495, thousands less than last year

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Volkswagen announced the pricing of the ID.4 electric crossover that just started production in Chattanooga will start at $37,495. That price doesn’t include the $1,295 destination fee, making it one of the most affordable plug-in crossovers on the market today.

That makes it $3,735 cheaper than the current entry-level model, the 2022 ID.4 Pro, which starts at $41,230. Customers who qualify for a federal tax credit of up to $7,500 can lower the price to $29,995

The ID.4 is Volkswagen’s most popular EV. In total, the German manufacturer has delivered 190,000 vehicles to customers globally since its release in 2021.

The US-made ID.4 comes with a 62-kWh battery pack that produces 201hp, allowing the manufacturer’s approximate range of 208 miles (335 kilometers).

The Volkswagen ID.4 comes in three trim levels—Standard/Pro, S and S Plus—with a 62 kWh and 82 kWh battery pack and either RWD or AWD, respectively.

All models get exterior and interior design upgrades, new aluminum-alloy wheels, an updated center console, and more updates.

The production of ID.4 in the US is expected to make the price lower. Initially, Volkswagen wanted to make the US-made ID.4 starting at $35,000 — or $27,500 with a federal tax credit.

The higher prices announced today are due to rising prices for raw materials for electric vehicle production such as the cobalt, nickel and lithium needed to make EV batteries.

The ID.4 entry, now called Standard ID.4 has a 62kWh battery pack and 201hp, which will give it a range of 208 miles based on a simulated EPA test cycle.

That would put the ID.4 below other similar electric crossovers, such as the Ford Mustang Mach-E, Chevy Bolt EUV, and Nissan Ariya, all of which average 250 to 300 miles.

But keep in mind, the vehicle is also selling for more than $ 40,000. This makes the ID.4 will compete directly with the Chevy Bolt and Nissan Leaf.

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