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The first fruit of Volkswagen’s $90 billion investment in electric vehicles has been revealed.
![](https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/09/1200/675/vw1.jpg?ve=1&tl=1)
(VW)
The ID.3 is the company’s first battery-powered model that was designed from the ground up and it will spawn a family of vehicles that includes an all-electric Microbus.
Ford has also partnered with VW to offer a European car based on the so-called MEB platform, which features a floor-mounted battery pack and can be used for front-wheel-drive, rear-wheel-drive and all-wheel-drive applications.
![](https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/09/1200/675/vw2.jpg?ve=1&tl=1)
(VW)
Approximately the same size as a VW Golf, the rear-drive ID.3 is launching in Europe with a 201 hp motor and approximately 260 miles of range per charge on the European scale with a price under $33,000. A version with 340 miles of range will be added to the lineup along with a budget model with a small battery pack that’s rated at 205 miles.
While it trails on power, the range figures put it in the same ballpark as the Tesla Model 3 at a lower price, and VW says it’s capable of being charged with 180 miles of energy in less than 30 minutes at the fastest stations.
![](https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/09/1200/675/vw3.jpg?ve=1&tl=1)
(VW)
The ID.3 isn’t currently slated for the American market, but a compact SUV based on it that’s preliminarily called the ID. Crozz is scheduled to go on sale in the U.S. in 2020, followed by a rebooted Microbus a couple of years later.
![The ID. Crozz concept previews an upcoming electric utility vehicle set for U.S. sale.](https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/09/1200/675/crozz.jpg?ve=1&tl=1)
The ID. Crozz concept previews an upcoming electric utility vehicle set for U.S. sale. (Sean Gallup/Getty Images)
As a response to its recent diesel emissions scandal, VW has committed to investing over $90 billion developing electric cars and a global charging infrastructure.
Production of the ID.3 is set to begin in November and VW claims it already has 30,000 orders on the books.
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