The planned new EU emissions standard Euro 7 will make small cars with internal combustion engines significantly more expensive, according to VW brand boss Schäfer. "3,000 to 5,000 euros more" would be incurred per car for the more complex emission control. Entry prices of 10,000 euros will therefore no longer exist.
In the medium term, the VW Group no longer sees cars with combustion engines as a cost-effective alternative to electric cars. The new head of the Volkswagen brand, Thomas Schäfer, expects vehicle prices to rise significantly as a result of the planned EU emissions standard Euro 7.
Combustion vehicles would be 3,000 to 5,000 euros more expensive due to the more complex emission control, he told the “Welt am Sonntag”. "With a small car, these additional costs can hardly be absorbed." Starting prices at 10,000 euros will no longer exist in the future. Individual mobility is a basic need and must remain achievable in the future, said Schäfer. The solution is electromobility.
From 2025, the group wants to bring four electric small car models onto the market, Schäfer continues. In addition to the ID.2, there will be another model from VW, a Skoda and a Cupra. VW wants to offer the ID.2 “for less than 25,000 euros”. In three years that will be a "super attractive price for an electric vehicle".
Schäfer left it open whether the current Golf 8 - the best-selling car in Europe - will even have a successor. According to Schäfer, a decision on this could probably be made in 12 months.
