VW has plans for sub-$23,000 EV, report says
https://www.cnet.com/roadshow/news/vw-meb-entry-level-ev-report/
Once production kicks off, if the demand is there, economies of scale could very well permit low-cost EVs that aren't complete loss leaders.
MEB is the name for Volkswagen's dedicated electric platform. Consisting of a scalable "skateboard" that comprises the battery and electric motors, the MEB platform can underpin electric vehicles of all shapes and sizes. In fact, every I.D. electric vehicle VW has previewed thus far, from the I.D. Crozz crossover to the I.D. Buzz microbus, rides on that single platform. It wouldn't necessarily surprise if it could be scaled down to the subcompact segment.