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    Home > Headlines > VW says new entry-level electric car to be built in Portugal
    Headlines

    VW says new entry-level electric car to be built in Portugal

    Published by Global Banking & Finance Review®

    Posted on March 10, 2025

    1 min read

    Last updated: January 24, 2026

    VW says new entry-level electric car to be built in Portugal - Headlines news and analysis from Global Banking & Finance Review
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    Tags:innovationsustainabilityAutomotive industryEuropean economies

    Quick Summary

    Volkswagen plans to produce a 20,000-euro electric car in Portugal by 2027, aiming to expand its affordable EV lineup in Europe.

    Volkswagen to Manufacture Affordable Electric Car in Portugal by 2027

    BERLIN (Reuters) - Volkswagen will build its 20,000-euro ($21,636.00) electric car launching in Europe in 2027 at its plant in Palmela, Portugal, its brand chief said on Monday.

    ($1 = 0.9244 euros)

    (Reporting by Victoria Waldersee; Editing by Tomasz Janowski)

    Key Takeaways

    • •Volkswagen will manufacture a 20,000-euro electric car.
    • •Production will take place at the Palmela plant in Portugal.
    • •The car is set to launch in Europe in 2027.
    • •This move aims to expand VW's affordable EV offerings.
    • •The announcement was made by VW's brand chief.

    Frequently Asked Questions about VW says new entry-level electric car to be built in Portugal

    1Where will Volkswagen's new electric car be built?

    Volkswagen will build its new electric car at its plant in Palmela, Portugal.

    2What is the expected launch year for the new electric car?

    The new electric car is set to launch in Europe in 2027.

    3What is the price of Volkswagen's new electric car?

    The new electric car will be priced at 20,000 euros, which is approximately $21,636.

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