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 readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on March 10, 2025
1 min readLast updated: January 24, 2026
Volkswagen plans to produce a 20,000-euro electric car in Portugal by 2027, aiming to expand its affordable EV lineup in Europe.
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)
Volkswagen will build its new electric car at its plant in Palmela, Portugal.
The new electric car is set to launch in Europe in 2027.
The new electric car will be priced at 20,000 euros, which is approximately $21,636.
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