Volkswagen build its most affordable EV yet, the ID.1 - Volkswagen was awarded 30 million euros ($35 million) to build the ID.1 in Portugal on Tuesday.

Volkswagen was awarded 30 million euros ($35 million) to build the ID.1 in Portugal on Tuesday. The ID.1 will start at about 20,000 euros ($22,000) as the smallest, most affordable EV in the Volkswagen lineup.
Volkswagen moves closer toward affordable EVs
The ID.1 is “the last piece of the puzzle,” according to Volkswagen brand CEO Thomas Schäfer. We got a sneak peek of the new entry-level EV in September after VW unveiled the ID.EVERY1 concept.

Although it was just a concept, unlike many, Volkswagen is bringing this one to life. The ID.EVERY1 concept previews “an electric 20,000 euro Volkswagen,” the company said earlier this year.