✉news LifeAutos first seen 6 h ago, last 1 h ago, peak #13
Volkswagen slashes EV prices by $12,500
Original: Looking for an affordable EV? Volkswagen is cutting prices by $12,500.
Volkswagen has announced price cuts of up to $12,500 on its electric vehicles, a move aimed at making its EV lineup significantly more affordable for buyers. The steep discounts, reported by USA Today, underline the intensifying price competition in the electric car market as automakers fight for sales volume amid slowing demand growth.
Why now: Volkswagen's unusually large price cut makes its EVs far more affordable and signals an escalating price war in the electric vehicle market.
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