Hyperdrive
VW Goes Head-to-Head With Tesla in China With New Electric SUV
- ID.4 Crozz with FAW Group costs less than Tesla’s Model Y
- China is a critical electric-car market for Germany’s VW
The ID.4 Crozz is built on VW’s MEB electric vehicle manufacturing platform.
Photographer: Liesa Johannssen-Koppitz/BloombergThis article is for subscribers only.
Volkswagen AG has set the starting price of its first locally built all-electric SUV with its Chinese partner FAW Group Co. at 199,900 yuan ($30,800) after subsidies, marking a play for the mass market as a growing number of automakers jostle for share in China.
The ID.4 Crozz is built on VW’s MEB electric vehicle manufacturing platform, which is also used in some models of Audi and Skoda. The car is cheaper than Tesla Inc.’s recently launched Model Y crossover, which starts at 339,900 yuan and isn’t eligible for subsidies.