Details about the Volkswagen ID hatch, the first electric car based on the MEB platform, are beginning to leak out ahead of the opening of pre-orders on May 8, European time.
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Volkswagen is getting ready to launch its full-blown assault on the electric car market, but it appears profit won't be easy to come by until around 2025.

Based on the 2016 Volkswagen ID concept, the final name for the Golf-size tall hatch is unknown, but rumours indicate it could be ID Neo or ID3.

According to the latest edition of Auto Motor und Sport (via Automobile Propre), there will be three versions of the Volkswagen ID.

The base variant will have a 48kWh battery pack and a WLTP range rating of 330 kilometres. This model will be priced from €29,900 ($47,170) in Germany. Government incentives in France will reduce the price to a more reasonable €23,900 ($37,400).

An entry-level Golf, by comparison, starts from €19,520 ($30,800). Like some other electric car manufacturers, the base model will not be available from the start.

Instead, Volkswagen will offer a Launch Edition with a 62kWh battery and a claimed range of 450km. Pricing for this model is expected to kick off from €35,000 ($55,200) before government incentives.

Lastly, there will also be a range-topping model with roughly 600km of driving range.

The magazine says Volkswagen expects to lose about €3000 ($4730) on every ID hatch sold, with profitability forecast to begin around 2025.