Volkswagen is accelerating its focus on affordable electric vehicles. The company revealed a bold strategy to expand access to e-mobility, with a new entry-level model priced around €20,000.

Volkswagen is working on an entry-level electric vehicle that will sell for a base price of €20,000 ($21,000). The company has already given its own employees a look at its initial design during a meeting in Wolfsburg,

Volkswagen showcased a preview of its upcoming entry-level electric vehicle, priced around €20,000, to its employees. The model is set to debut as a show car in March and be production-ready by 2027.

Volkswagen is launching a €20,000 (~A$33,000) electric vehicle in Europe from 2027, aiming to go head-on with affordable Chinese rivals.

The leader of German carmaker Volkswagen unveiled design sketches for a new low-cost electric model at a closed-door mass meeting with workers on Wednesday. Volkswagen's focus for the future "is on a major model offensive with nine new Volkswagen models in Europe,

Volkswagen plans to unveil a new, affordable electric car, which will help launch its new triple-A plan for the brand's future.