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Volkswagen's ID.2 could be first battery-electric car to hit margin parity, CFO says
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Volkswagen's ID.2 could be first battery-electric car to hit margin parity, CFO says
May 25, 2025 9:31 PM

April 30 (Reuters) - Volkswagen's 25,000-euro

ID.2 car being built in Spain and due to hit the market this

year could be its first battery-electric vehicle to make equal

margins to its combustion engine equivalent, the carmaker's CFO

said on Wednesday.

"There is still a lot of support necessary on pricing side

for battery-electric cars," Arno Antlitz added, emphasising the

importance of implementing the carmaker's cost-cutting package

agreed last December to compensate for the dilution to margins

of higher battery-electric sales.

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