Volkswagen will reportedly lose approximately 3000 euros ($3347) on every I.D hatchback base model it sells, Germany’s Auto Motor & Sport reports.
It is claimed that the entry-level I.D hatchback will be outfitted with a 48 kWh battery pack that offers roughly 200 miles (321 km) of range on the WLTP cycle. Volkswagen has yet to say how much this model will cost but it will reportedly start at around 29,990 euros ($33,461) in Europe before incentives.
At that price point, Volkswagen apparently won’t make any money on its first mass-market electric vehicle and it may be unable to turn a profit on this model until 2025, Automobile Propre states.
It remains to be seen if the German car manufacturer will lose similar amounts of money on other versions of the I.D. hatchback and the plethora of other models in its forthcoming I.D. family. However, it seems apparent that it will be quite some time before VW will be able cash out on its electric vehicle like it is able to with its ICE-powered vehicles.
While the 48 kWh version of the I.D. hatchback will sit at the base of the range, it won’t be the first variant to hit the market. Instead, a mid-range Launch Edition model will allegedly be the first to hit the market, outfitted with a 62 kWh battery pack that should offer up a range of around 280 miles (450 km). This model is expected to cost a touch over 35,000 euros ($39,000) before incentives in Europe.
Sitting at the top of the I.D. hatchback range will be a model with an 80 kWh battery with a range approaching 373 miles (600 km).