An amazing figure of $21,000 is being quoted in the US as the target price for the new VW Car.
There are very strong rumours in the US that VW is set to announce a line up of new electric cars priced as low as $21,000 or £17,000.
VW have stated publicly that they intend achieving savings through high volume but without ever releasing any figures.
VW have developed a modular chassis for the cars that will cover many different models. The batteries and motors will almost certainly be standardized.
The MEB chassis will be used for the next e-Golf, the big seller. I may also underpin the new Audin A3 e-tron and even the Golf GTE.
The new 48 kilowatt battery should equate to about 175 miles range in the new Golf, but expect that range to grow over time.