Volkswagen AG
- Elon Musk has been talking about the $25,000 electric car for years.
- Volkswagen just beat him to the punch with an EV it expects to sell for 25,000 euros ($26,600).
- But the newly unveiled ID. 2all concept car won't ever make its way to the US.
For years, Elon Musk has talked about Tesla's plans to reveal a $25,000 electric car for the masses. Volkswagen just beat him to the punch.
The German automaker on Wednesday revealed the ID. 2all concept: a small, battery-powered hatchback that it plans to sell for 25,000 euros ($26,600) or less when it goes into production in 2026.