VW insiders quoted by Autocar are saying an EV priced below an equivalent Golf is possible as long as the company can efficiently achieve scale across all of its brands.

The VW Group wants to eradicate memories of the messy Dieselgate scandal by focusing on alternatively-powered vehicles which are less harmful to the environment. At the forefront of this plan is the company’s new MEB platform which will serve as foundation for electric cars which are scheduled to arrive on the market before the end of the decade. As a matter of fact, VW previously said there will be about 20 plug-in hybrid and electric cars by 2020.

VW boss, Matthias Müller, has disclosed plans for a pure-electric family car capable of providing a maximum range of 310 miles (500 km). Once the battery is depleted, a full recharge will apparently take just 15 minutes, but frankly at this point this sounds too good to be true.

Autocar has managed to find out from VW insiders the EV could come with an asking price lower than the equivalent Golf. That will only happen if the company will be able to achieve scale across its brands by reducing the production costs and speeding up R&D.

Meanwhile, VW is gearing up to introduce an overhauled e-Golf by late 2016 / early 2017. It’s going to come with a new battery pack that will have enough energy to last for 186 miles (300 km). That’s a significant increase compared to the current e-Golf which has an E.U. rating of 118 miles (190 km) while the U.S. version is EPA-certified at 108 miles (174 km).

Source: Autocar.co.uk