Volkswagen Sets Price Range for Porsche’s Blockbuster I.P.O.
Volkswagen will start selling the E-Tron, the company’s electric subcompact, across North America later this year, taking on Tesla’s Model S sedan when it goes on sale earlier in the year.
Volkswagen had also unveiled a lower-priced Model 3 compact-car in early November, but that car has not yet been launched outside of Europe.
In a statement, Volkswagen said:
“Volkswagen has confirmed that we will offer the I.P.O. E-Tron in the United States, with our goal to offer the model as early as the end of 2017.
“Volkswagen has plans to increase the range and performance of the E-Tron to meet the needs of customers who want a smaller and more fuel-efficient electric car. We have designed an I.P.O. model with the necessary features to achieve this goal.”
The I.P.O. is powered by a 250-kilowatt-hour lithium-ion battery pack that, like Tesla’s, will be able to propel the vehicle forward for 50 miles on a single charge.
When it comes to pricing, Volkswagen said the I.P.O. will start at $30,995 for the base sedan, $39,995 for the long-range trim, and $47,995 for the high-performance Touring trim. The $42,195 model with all-wheel drive comes with a 60/40 weight distribution and has a claimed range of 310 miles on a single charge.
Volkswagen also said that there will be no changes to the I.P.O.’s range or performance once it’s released in the United States.
The new German automaker is also expected to bring both the GTI and S-Class to North America, and has already begun work on the new