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They claim it will be profitable. And it may be right now…

…given they are only selling the most expensive model, at $42,000. (Before tax credits.) That’s a fair bit more expensive than a gas Golf.

https://www.caranddriver.com/reviews/a33540804/2021-vw-id3-e...

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In the Netherlands the base Golf starts at €27k. When you customise that to the trim you get stock on the id3 st/plus (st little less, plus more advanced extras) you get to €42382 (config code 8N1B7B) which is not that different from the €43k for the ST and €44k for the Plus.

I can imagine that the Golf being known tech will have a larger profit margin indeed. In the other hand, most of the extras in the id3 are shared technology anyways.

yikes, you'd have to be really committed to buying an EV to choose that over a golf R at that price. I guess the tax credit softens things a bit.

And I’m sure the CO2 taxes and fuel taxes in Europe weight the equation as well. But yeah, quite the price difference at the sticker.

See my other comment https://news.ycombinator.com/item?id=25876431, at least in the Netherlands the price difference for the same trim is negligible. Moreover, you might still be eligible for the €4K subsidy from the government.

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