VW introduced its much anticipated affordable EV Wednesday, deemed the ID 2all concept with up to 450 km range (279 miles).
Introducing the Volkswagen ID 2all electric concept
After doubling down on its electric vehicle strategy with a new close to $200 billion investment (€180 billion) to accelerate digitalization and EV development over the next five years,VW is plowing ahead with a new EV concept.
VW delivered over 570,000 EVs last year, maintaining its position as BEV market leader in Europe, yet the automaker believes it’s well positioned for future growth with several new vehicle releases on deck.
To fend off incoming competition from Tesla, and many others, Volkswagen has introduced its economical electric vehicle, the ID 2all concept, that costs under $27,000 (€25,000).
The ID 2all is as spacious as its Golf model and as inexpensive as the Polo sitting below the recently upgraded ID. 3, with up to 279 miles range (450 km) and several new features. CEO of Volkswagen Passenger Cars, Thomas Shafer, explains:
We are transforming the company rapidly and fundamentally – with the clear objective of making Volkswagen a genuine Love Brand. The ID. 2all shows where we want to take the brand. We want to be close to the customer and offer top technology in combination with fantastic design. We are implementing the transformation at pace to bring electric mobility to the masses.
VW’s affordable EV will be based on its new modular electric drive (MEB) platform, dubbed the MEB Entry Platform, and will be the first vehicle with front-wheel drive based on it.
Initial plans called for Volkswagen’s ID. LIFE concept to be the first affordable EV based on the new platform designed for the smaller car segment, but those plans have seemingly been tossed to the side.
VW ID 2all affordable EV concept (Source: VW)
Interior and exterior design
The exterior takes inspiration from Volkswagen classics like the Beetle and Golf, previewing a new design language from the automaker.
On the outside, the ID 2all features a “clear and powerful” stance with strong fender flares covering a wide track, long wheelbase, and short overhangs alongside a cleaned-up front end.
Volkswagen recently brought back former Bentley and Audi designer Andreas Mindt as head of design for Volkswagen Passenger Cars, who says the VW ID 2all concept is based on three pillars – stability, likability, and enthusiasm.
VW ID 2all EV concept interior (Source: VW)
One of the most prominent elements of the new interior design is the C-pillar design developed for the first Golf model. As such, the interior features a spacious, high-quality appearance.
The 12.9 touch display has a new menu structure with a separate air condition control panel below it. In addition, the new multifunction steering wheel is minimalist, with two thumb wheels and buttons on either side.
VW ID 2all affordable EV concept (Source: VW)
Powered by a “powerful electric drive motor,” the ID. 2all with an output of 222 hp (166 kW) and 226 PS, achieving 0 to 60 mph (0-100 km/h) in under seven seconds.
Volkswagen says its new electric car can be charged to 80% in less than 20 minutes, although specifics are not mentioned.
Despite the ID 2all being deemed a concept vehicle, Volkswagen says it will unveil the production version of the ID 2all for all European markets in 2025 with a goal of starting it at less than 25,000 euros.
The automaker now plans for at least one in every five vehicles sold globally to be electric by 2025, with the production version of the ID 2all being one of ten EVs launched by VW by 2026.
This year VW will introduce the new ID. 3, the ID. Buzz, and the ID. 7, which will be followed up by a compact electric SUV in 2026.
Electrek’s Take
Unfortunately, it doesn’t look like Volkswagen has plans to bring the ID 2all concept to the US. The good news, however, is that VW is planning to bring it to production.
The real question will be: Can they produce it for the price they are saying? Or perhaps, more importantly, can they produce it profitably at that price?
An under $27k, a good-looking electric vehicle with nearly 300-miles range from the VW brand would, in my opinion, sell well.
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Paris’ bike-share system, Vélib has long been considered one of the shining success stories of urban micromobility. With a massive fleet of over 20,000 pedal and electric-assist bicycles around Paris, the service has helped millions of residents and tourists get around the City of Light without needing a car or scooter. But lately, a growing problem is threatening to knock the wheels off this urban mobility marvel: theft and joyriding.
According to city officials and the service operator, more than 600 Vélib bikes are now going missing every single week. That’s over 30 bikes a day simply vanishing from the system – some stolen outright, others taken on “joy rides” and never returned.
“At the moment we’re missing 3,000 bikes,” explained Sylvain Raifaud, head of the Agemob company that currently operates the Velib system. That’s nearly 15% of over 20,000 Vélib bikes across Paris.
The sticky-fingered culprits aren’t necessarily professional thieves or organized crime rings. Instead, they’re often regular users who treat the shared bikes like disposable toys.
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The city estimates that many people have figured out how to pry the bikes out of the system’s parking docks, unlocking one for a casual cruise and then ditching it somewhere far from a docking station.
Once pried free, the bikes are technically usable for the next 24 hours until their automatic locking feature kicks in. At that point, the bikes are often simply abandoned. Some end up in alleyways. Others get tossed in rivers. A few just disappear completely.
And since the bikes are intended to be parked at their many docking stations around the city, they don’t have GPS chips, further complicating recovery of “liberated” bikes.
The issue started small but has grown into more than an inconvenience – it’s beginning to undermine the entire purpose of the service. With bikes going missing at such a high rate, many Vélib docking stations are left empty, especially during rush hours.
Riders looking for a quick commute or a convenient hop across town are increasingly finding themselves without available bikes, or having to walk long distances to find a functioning one.
That kind of unreliability chips away at user confidence and threatens to drive potential riders back into cars, cabs, or other less sustainable forms of transport at a time when Paris has already made great strides to dramatically reduce car usage in the city.
The losses are financially painful, too. Replacing stolen or vandalized bikes isn’t cheap, and the resources spent on tracking down missing equipment or reinforcing anti-theft measures are stretching thin. Vélib has faced theft and vandalism issues before, especially during its early years, but this latest surge has officials sounding the alarm with renewed urgency.
Officials acknowledge that there’s no easy fix. Paris, like many cities with bike-share systems, walks a fine line between accessibility and accountability. Part of what makes Vélib so successful is its ease of use and widespread availability. But those same features make it vulnerable to misuse – especially when enforcement is limited and the consequences for abuse are minimal.
The timing of the problem is especially unfortunate. In recent years, Paris has seen impressive results in reducing car traffic, expanding bike lanes, and promoting cycling as a key part of its sustainable transport strategy. Vélib is a cornerstone of that plan. But if the system becomes too unreliable, it risks losing the very people it was designed to serve.
Meanwhile, as Parisians increasingly find themselves staring at empty docks, the challenge for the city and Vélib will be to restore confidence in the system without making it harder to use. That means striking the right balance between freedom and responsibility, between open access and protection against abuse.
In a city where cycling is supposed to be the future of mobility, losing thousands of bikes to joyriders and sticky fingers isn’t just frustrating; it’s unsustainable.
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U.S. President Donald Trump and Elon Musk attend a press event in the Oval Office of the White House in Washington, D.C., U.S., May 30, 2025.
Nathan Howard | Reuters
When they lose a significant other, most men do indeed become a “TRAIN WRECK.” Then they pick up the pieces of their lives and start living again — paying attention to their personal grooming, hitting the gym and discovering new hobbies.
What does the world’s richest man do? He starts a political party.
Last weekend, as the United States celebrated its independence from the British in 1776, Elon Musk enshrined his sovereignty from U.S. President Donald Trump by establishing the creatively named “American Party.”
Few details have been revealed, but Musk said the party will focus on “just 2 or 3 Senate seats and 8 to 10 House districts,” and will have legislative discussions “with both parties” — referring to the U.S. Democratic and Republican Parties.
It might be easier to realize Musk’s dream of colonizing Mars than to bridge the political aisle in the U.S. government today.
To be fair, some thought appeared to be behind the move. Musk decided to form the party after holding a poll on X in which 65.4% of respondents voted in favor.
Folks, here’s direct democracy — and the powerful post-separation motivation — in action.
— CNBC’s Erin Doherty contributed to this report.
What you need to know today
And finally…
An investor sits in front of a board showing stock information at a brokerage office in Beijing, China.
US President Donald Trump, right, and Elon Musk, chief executive officer of Tesla Inc., during a news conference in the Oval Office of the White House in Washington, DC, US, on Friday, May 30, 2025.
Francis Chung | Bloomberg | Getty Images
When they find themselves without a significant other, most men finally start living: They pay attention to their personal grooming, hit the gym and discover new hobbies.
What does the world’s richest man do? He starts a political party.
Last weekend, as the United States celebrated its independence from the British in 1776, Elon Musk enshrined his sovereignty from U.S. President Donald Trump by establishing the creatively named “American Party.”
Few details have been revealed, but Musk said the party will focus on “just 2 or 3 Senate seats and 8 to 10 House districts,” and will have legislative discussions “with both parties” — referring to the U.S. Democratic and Republican Parties.
It might be easier to realize Musk’s dream of colonizing Mars than to bridge the political aisle in the U.S. government today.
To be fair, some thought appeared to be behind the move. Musk decided to form the party after holding a poll on X in which 65.4% of respondents voted in favor.
Folks, here’s direct democracy — and the powerful post-separation motivation — in action.
[PRO] Wall Street is growing cautious on European equities. As investors seek shelter from tumult in U.S., the Stoxx 600 index has risen 6.6% year to date. Analysts, however, think the foundations of that growth could be shaky.
And finally…
Ayrton Senna driving the Marlboro McLaren during the Belgian Grand Prix in 1992.
Pascal Rondeau | Hulton Archive | Getty Images
The CEO mindset is shifting. It’s no longer all about winning
CEOs today aren’t just steering companies — they’re navigating a minefield. From geopolitical shocks and economic volatility to rapid shifts in tech and consumer behavior, the playbook for leadership is being rewritten in real time.
In an exclusive interview with CNBC earlier this week, McLaren Racing CEO Zak Brown outlined a leadership approach centered on urgency, momentum and learning from failure.