VW will launch a cheaper ID in 2023. 4 EV this fall – TechCrunch
Volkswagen will offer a cheaper version of its ID.4 all-electric compact SUV that comes with a smaller battery pack, a move aimed at attracting customers as inflationary pressures push up vehicle prices.
Volkswagen of America announced Thursday that it will sell three trim levels of the 2023 ID.4, including a base model with a smaller 62-kWh battery that starts at $37,495 before federal tax credits (and excluding the $1,295 target fee). Dollar). The base model, referred to as standard trim, is about 6% lower than the corresponding trim level of the first ID.4 model of 2021.
The 2023 The ID.4 will now be assembled at the automaker’s plant in Chattanooga, Tennessee, which has helped the automaker drive down prices even as some of the interior and exterior features have been upgraded. All panels of the ID.4 SUV will be equipped as standard with a 12-inch touchscreen display – a size that was initially only standard in the limited 1st Edition.
The reduced price for the ID.4 contrasts with what almost every other automaker – including Volkswagen on its other models – is doing in 2022, as supply chain constraints and inflationary pressures have prompted companies to raise prices.
Tesla, for example, increased its prices in June, with some models going up by as much as $6,000. Rivian has also increased the prices of its two debut models, the R1T electric pickup and the R1S SUV. GM, Ford and even the VW Group have raised prices across their entire portfolio.
Carlos Tarvares, CEO of Stellantis, said during the second-quarter earnings call that the industry is in a “sweet spot” where a shortage of semiconductor chips and other parts has hampered production but high demand has allowed automakers to do more to demand. He warned that this could end.
A few VW ID.4 highlights
Volkswagen has added more features to the 2023 model year of its all-electric compact SUV, including new colors, an improved exterior, an upgraded center console and aluminum alloy wheels. Notably, previous options in the ID.4 became standard, including a park assist function and 45W USB-C charging ports.
The company will offer the ID.4 in three equipment lines: Standard/Pro, S and S Plus, optionally with 62 kWh or 82 kWh batteries and with rear-wheel or all-wheel drive.
Volkswagen estimates its cheapest base model, a rear-wheel vehicle powered by a single permanent magnet synchronous motor and 62kWh battery, has a range of 208 miles. Some other features and improvements worth noting on the standard model include new stitching on the dashboard, cloth and leatherette seat side bolsters replacing the basic cloth upholstery of the previous model.
Up the line comes the rear-wheel drive ID.4 Pro, which has an 82kWh battery and an estimated range of 275 miles starts at $42,495. The four-wheel-drive version, which can travel an estimated 255 miles on a single charge, starts at $46,295 (again, these prices don’t include the additional destination fee or a $7,500 federal tax credit price reduction).
The company said both versions have increased DC fast charging capability of 170kW.
The ID.4 S, which starts at $42,495, offers other upgraded items such as leatherette seat inserts, 12-way power seats, heated steering wheel, fixed panoramic glass roof with power sunshades, power tailgate, premium LED -Headlights and 20-inch aluminum alloy wheels.
Finally, the ID.4 Pro S Plus has a base price of $50,195 and the ID.4 AWD Pros S Plus has a base price of $53,995. This fairing adds “unique” 20-inch wheels; power folding exterior mirrors with accent lighting, a black painted roof with silver roof accents and roof rails, silver accents on the front and rear bumpers.
Importantly, all fairings feature “Plug & Charge” functionality, a feature that allows riders to drive into an Electrify America charging station and simply plug it into the charging station without using a credit card, app or dongle must in order to initiate the charging process. Volkswagen will continue to offer new owners 30-minute DC fast charges at Electrify America stations for three years. Electrify America is a subsidiary of the VW Group and was launched as part of the automaker’s settlement with the US government over the diesel emissions scandal.
The automaker’s advanced IQ.Drive driver assistance system, which requires the driver’s hands to remain on the wheel, is also now standard on all trims. When activated, the system accelerates or brakes to maintain a selected distance from a vehicle in front, keeps the vehicle in lane and recognizes traffic signs. The company has also added a feature that can detect cyclists.
The 2023 ID.4 should come to dealers in the fall.