May 2, 2019, 4:10 p.m. EDT

Russian Federation : Volkswagen will lose 3,000 euros for each electric vehicle

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May 02, 2019 (Euclid Infotech Ltd via COMTEX) -- Every electric hatchback sold is ID. will bring concern Volkswagen loss in the amount of three thousand euros. Production of cars on the MEB platform will be profitable only by 2025. At the initial stage, battery cars will become unprofitable for the manufacturer, writes Auto Motor und Sport . Each Volkswagen car will lose three thousand euros, while the initial price of an electric vehicle will be 29,990 euros before deducting government subsidies. Profitable production will be only in 2025.

This situation is typical for manufacturers who need to invest heavily in the development of electric vehicles. It is known that Fiat on a compact car 500e loses 20 thousand dollars , and Chevrolet receives a loss of 9000 dollars from each sold Bolt. Volkswagen will open orders for hatchback ID. next month. An electric car will first be offered in the Launch Edition version with batteries with a capacity of 62 kilowatt-hours, and then the initial and top variants with a 48 and 82 kilowatt-hour battery will hit the market respectively. An electric motor mounted on the rear axle, depending on the modification, will produce 170 or 201 horsepower.

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