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.
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.