Volkswagen begins taking deposits for ID.3 hatch; delivery target 'mid-2020'

The ID.3 1st edition will sell for around $45,000, with a range of 261 miles.

Volkswagen has revealed the newly named ID.3 hatchback as the company begins taking customer deposits ahead of production.

The company has confirmed that three battery options will be available, with expected ranges from 205 to 342 miles according to the WLTP test cycle.

The "ID.3 1st" launch edition will have a midrange battery with an estimated 261 miles on a single charge, with a price tag of around $44,750 in Germany. The entry-level model is said to cost less than $33,570.

"With the ID.3, we will be ushering in the third major chapter of strategic importance in the history of our brand, following the Beetle and the Golf," said Volkswagen marketing and sales head J├╝rgen Stackmann. "With the ID.3, we are making the electric car fit for mass mobility. Initially, we will electrify Europe with the ID.3 and then other regions with further electric models in the ID. family which are to follow in the near future."

The company plans to deliver more than 100,000 vehicles per year to customers. The US market has not been mentioned for the ID.3, though some of the later ID-badged models will be heading to American showrooms.

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