The Volkswagen plans to launch its cheapest electric car by 2027, with a starting price of approximately $20,700.

Volkswagen is set to unveil its most affordable electric car yet, with plans to showcase a new entry-level model priced at less than £17,000 within the coming weeks. The German automaker revealed the plans during a meeting at its Wolfsburg facility,

Volkswagen has been dangling its €20,000 electric car out there for more than four years so you'd be forgiven if you've already dismissed it as vaporware. Originally slated to launch in 2025, the bargain-basement EV is running a little late,