VW will roll out a cheaper 2023 ID. 4 EV this fall


Front of a blue 2023 VW ID4 parked in a factory.
Image Credits: Volkswagen

Volkswagen will offer a cheaper version of its ID.4 all-electric compact SUV that comes equipped with a smaller battery pack, a move aimed at attracting customers as inflationary pressures push vehicle prices higher.

Volkswagen of America said Thursday it will sell three trims of the 2023 ID.4, including a base model with a smaller 62 kWh battery that starts at $37,495 before federal tax credits (and not including the $1,295 destination fee). The base model, called standard trim, is about 6% lower than the equivalent trim level of the debut 2021 ID.4 model.

The 2023 ID.4 is now being assembled at the automaker’s Chattanooga, Tennessee factory, which has helped the automaker push down prices even as it improves some of the interior and exterior features. For instance, all trims of the ID.4 SUV will come standard with a 12-inch touchscreen display — a size that was initially only standard in its limited-run 1st Edition. 

Volkswagen 2023 VW ID4
Image Credits: Volkswagen

The reduced price on the ID.4 is contrary to what nearly every other automaker — including Volkswagen on its other models — is doing in 2022 as supply chain constraints and inflationary pressure has prompted companies to raise prices.

Tesla, for instance, upped its prices in June, with some models increasing in price by up to $6,000. Rivian also has raised prices of its two debut models, the electric R1T pickup and R1S SUV. GM, Ford and even VW Group have raised prices across their portfolios.

Stellantis CEO Carlos Tavares said during the company’s second-quarter earnings call the industry has been in a “sweet spot,” where a lack of semiconductor chips and other parts has hurt production, but high demand has allowed automakers to charge more. He warned that could be ending.

A few VW ID.4 highlights

Volkswagen added others features to the 2023 model year of its all-electric compact SUV, including new colors, upgraded exterior, improved center console and aluminum-alloy wheels. Notably, it made previous options standard in the ID.4, including a park assist feature and 45w USB-C charge ports.

The company will offer the ID.4 in three trim levels: standard/pro, S and S Plus with the option of either the 62 kWh or 82 kWh battery packs and rear-wheel or all-wheel drive.

Volkswagen estimates that its cheapest base model — a rear-wheel vehicle powered by a single, permanent magnet synchronous motor and a 62 kWh battery — has a range of 208 miles. A few more features and improvements to highlight on the standard model: it includes new stitching on the dash, fabric and leatherette seat side bolsters that replaces the basic cloth upholstery of the previous model.

Volkswagen 2023 VW ID4
Image Credits: Volkswagen

Moving up the line, the rear-wheel ID.4 Pro, which has an 82 kWh battery and an estimated range of 275 miles, starts at $42,495. The all-wheel-drive version, which can travel an estimated 255 miles on a single charge, starts at $46,295 (again, these prices don’t include the added destination fee or a reduction in price from the $7,500 federal tax credit). 

The company said that both of these versions have an increased DC fast charging capability of 170 kW.

The ID.4 S, which starts at $42,495, adds other upgraded items, like leatherette seat inserts, 12-way power seats, a heated steering wheel, panoramic fixed glass roof with electric sunshade, power tailgate, premium LED headlights and 20-inch aluminum-alloy wheels.

Finally, the ID.4 Pro S Plus has a base price of $50,195 and the ID.4 AWD Pros S Plus of $53,995. This trim adds “unique” 20-inch wheels, power folding door mirrors with accent lighting, a black painted roof with silver roof accents and silver roof rails, and silver accents on the front and rear bumpers.

Importantly, all trims have “plug&charge” functionality, a feature that lets drivers pull into an Electrify America charging station and simply plug it in to charge without the hassle of using a credit card, app or dongle to initiate the charge. Volkswagen is still offering new owners three years of 30-minute DC fast-charging sessions at Electrify America stations. Electrify America is a subsidiary of VW Group and was started as part of the automaker’s settlement with the U.S. government over the diesel emissions scandal.

The automaker’s IQ.Drive advanced driver assistance system, which requires the driver’s hands to remain on the wheel, also comes standard now on all trims. When the system is activated, it will accelerate or brake to maintain a selected following distance from a vehicle ahead, keep the vehicle in lane and recognize traffic signs. The company has also added a feature that can detect cyclists.

The 2023 ID.4 is expected to reach dealers in the fall.

More TechCrunch

Jolla has taken the official wraps off the first version of its personal server-based AI assistant in the making. The reborn startup is building a privacy-focused AI device — aka…

Jolla debuts privacy-focused AI hardware

OpenAI is removing one of the voices used by ChatGPT after users found that it sounded similar to Scarlett Johansson, the company announced on Monday. The voice, called Sky, is…

OpenAI to remove ChatGPT’s Scarlett Johansson-like voice

Consumer demand for the latest AI technology is heating up. The launch of OpenAI’s latest flagship model, GPT-4o, has now driven the company’s biggest-ever spike in revenue on mobile, despite…

ChatGPT’s mobile app revenue saw biggest spike yet following GPT-4o launch

Dating app maker Bumble has acquired Geneva, an online platform built around forming real-world groups and clubs. The company said that the deal is designed to help it expand its…

Bumble buys community building app Geneva to expand further into friendships

CyberArk — one of the army of larger security companies founded out of Israel — is acquiring Venafi, a specialist in machine identity, for $1.54 billion. 

CyberArk snaps up Venafi for $1.54B to ramp up in machine-to-machine security

Founder-market fit is one of the most crucial factors in a startup’s success, and operators (someone involved in the day-to-day operations of a startup) turned founders have an almost unfair advantage…

OpenseedVC, which backs operators in Africa and Europe starting their companies, reaches first close of $10M fund

A Singapore High Court has effectively approved Pine Labs’ request to shift its operations to India.

Pine Labs gets Singapore court approval to shift base to India

The AI Safety Institute, a U.K. body that aims to assess and address risks in AI platforms, has said it will open a second location in San Francisco. 

UK opens office in San Francisco to tackle AI risk

Companies are always looking for an edge, and searching for ways to encourage their employees to innovate. One way to do that is by running an internal hackathon around a…

Why companies are turning to internal hackathons

Featured Article

I’m rooting for Melinda French Gates to fix tech’s broken ‘brilliant jerk’ culture

Women in tech still face a shocking level of mistreatment at work. Melinda French Gates is one of the few working to change that.

24 hours ago
I’m rooting for Melinda French Gates to fix tech’s  broken ‘brilliant jerk’ culture

Blue Origin has successfully completed its NS-25 mission, resuming crewed flights for the first time in nearly two years. The mission brought six tourist crew members to the edge of…

Blue Origin successfully launches its first crewed mission since 2022

Creative Artists Agency (CAA), one of the top entertainment and sports talent agencies, is hoping to be at the forefront of AI protection services for celebrities in Hollywood. With many…

Hollywood agency CAA aims to help stars manage their own AI likenesses

Expedia says Rathi Murthy and Sreenivas Rachamadugu, respectively its CTO and senior vice president of core services product & engineering, are no longer employed at the travel booking company. In…

Expedia says two execs dismissed after ‘violation of company policy’

Welcome back to TechCrunch’s Week in Review. This week had two major events from OpenAI and Google. OpenAI’s spring update event saw the reveal of its new model, GPT-4o, which…

OpenAI and Google lay out their competing AI visions

When Jeffrey Wang posted to X asking if anyone wanted to go in on an order of fancy-but-affordable office nap pods, he didn’t expect the post to go viral.

With AI startups booming, nap pods and Silicon Valley hustle culture are back

OpenAI’s Superalignment team, responsible for developing ways to govern and steer “superintelligent” AI systems, was promised 20% of the company’s compute resources, according to a person from that team. But…

OpenAI created a team to control ‘superintelligent’ AI — then let it wither, source says

A new crop of early-stage startups — along with some recent VC investments — illustrates a niche emerging in the autonomous vehicle technology sector. Unlike the companies bringing robotaxis to…

VCs and the military are fueling self-driving startups that don’t need roads

When the founders of Sagetap, Sahil Khanna and Kevin Hughes, started working at early-stage enterprise software startups, they were surprised to find that the companies they worked at were trying…

Deal Dive: Sagetap looks to bring enterprise software sales into the 21st century

Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world…

This Week in AI: OpenAI moves away from safety

After Apple loosened its App Store guidelines to permit game emulators, the retro game emulator Delta — an app 10 years in the making — hit the top of the…

Adobe comes after indie game emulator Delta for copying its logo

Meta is once again taking on its competitors by developing a feature that borrows concepts from others — in this case, BeReal and Snapchat. The company is developing a feature…

Meta’s latest experiment borrows from BeReal’s and Snapchat’s core ideas

Welcome to Startups Weekly! We’ve been drowning in AI news this week, with Google’s I/O setting the pace. And Elon Musk rages against the machine.

Startups Weekly: It’s the dawning of the age of AI — plus,  Musk is raging against the machine

IndieBio’s Bay Area incubator is about to debut its 15th cohort of biotech startups. We took special note of a few, which were making some major, bordering on ludicrous, claims…

IndieBio’s SF incubator lineup is making some wild biotech promises

YouTube TV has announced that its multiview feature for watching four streams at once is now available on Android phones and tablets. The Android launch comes two months after YouTube…

YouTube TV’s ‘multiview’ feature is now available on Android phones and tablets

Featured Article

Two Santa Cruz students uncover security bug that could let millions do their laundry for free

CSC ServiceWorks provides laundry machines to thousands of residential homes and universities, but the company ignored requests to fix a security bug.

3 days ago
Two Santa Cruz students uncover security bug that could let millions do their laundry for free

TechCrunch Disrupt 2024 is just around the corner, and the buzz is palpable. But what if we told you there’s a chance for you to not just attend, but also…

Harness the TechCrunch Effect: Host a Side Event at Disrupt 2024

Decks are all about telling a compelling story and Goodcarbon does a good job on that front. But there’s important information missing too.

Pitch Deck Teardown: Goodcarbon’s $5.5M seed deck

Slack is making it difficult for its customers if they want the company to stop using its data for model training.

Slack under attack over sneaky AI training policy

A Texas-based company that provides health insurance and benefit plans disclosed a data breach affecting almost 2.5 million people, some of whom had their Social Security number stolen. WebTPA said…

Healthcare company WebTPA discloses breach affecting 2.5 million people

Featured Article

Microsoft dodges UK antitrust scrutiny over its Mistral AI stake

Microsoft won’t be facing antitrust scrutiny in the U.K. over its recent investment into French AI startup Mistral AI.

3 days ago
Microsoft dodges UK antitrust scrutiny over its Mistral AI stake