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Home Ford, Fiat, Renault and other automakers beware: Volkswagen announces 'people's electric car' and fierce dispute promises to shake up the automotive market in Brazil

Ford, Fiat, Renault and other automakers beware: Volkswagen announces 'people's electric car' and fierce dispute promises to shake up the automotive market in Brazil

3 October 2023 to 07: 30
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volkswagen - ford - fiat - renault - production - price - electric cars
Dispute between Volkswagen, Ford, Fiat and Renault for supremacy and the rise of electric cars / Image Volkswagen

The Brazilian automotive market is about to undergo an exciting revolution: Fiat and other automakers need to prepare for fierce competition, as the Volkswagen has ambitious plans for the popular car market in Brazilhe is determined to gain a prominent position in this new scenario.

The automaker is launching a new popular electric car that promises to win the hearts of Brazilians with its affordable model. This strategic move not only seeks to capture a considerable share of the market, but also force the competition, especially Fiat, to innovate and keep up with the accelerated pace of technological evolution.

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Watch the video below and get to know the Volkswagen ID.1 – 'the people's electric car'

Revolutionary concept: ID.1 will be a game changer in the Brazilian automotive market

The Volkswagen ID.1 will be a game changer in the Brazilian automotive market. This urban electric car is scheduled to be launched by 2027, with a value in the range of 20.000 euros, which would make it an affordable option for Brazilians. Even with the direct conversion to reais, at an approximate value of R$108.000, Volkswagen is aware that the final price could be even more competitive with the consideration of bonuses and incentives, making it irresistible for buyers.

German multinational understands that electric mobility is the future and is committed to making it accessible to a wider audience. With smaller and more affordable models like the ID.1, the automaker aims to democratize electric technology.

Fierce competition between Volkswagen, Fiat and Renault for supremacy and the rise of electric cars

With Volkswagen entering the popular car competition, Fiat, which has long led the Brazilian market in this regard with models such as the Fiat Uno and Fiat Palio, needs to intensify its efforts to maintain its prominent position in the country.

The Italian automaker faces a significant challenge as it is currently at a disadvantage because does not have a popular electric car in its portfolio, and each passing day is left behind by the rise of the electric Renault Kwid and the electric Peugeot 208.

Buying electric cars is becoming increasingly popular around the world due to growing environmental awareness and advances in battery technology. In Brazil, this segment is still growing, but Volkswagen's entry with the ID.1, targeting Fiat as its main competitor in this new chapter of the automobile industry, promises to generate competition and accelerate this trend.

Behind the scenes, we have Brazilian consumers eager for more ecological and affordable options, and Volkswagen is ready to meet this demand.

Historic, unprecedented and simultaneous strike paralyzes Ford, General Motors and Stellantis factories; 13 thousand workers from global giants fold their arms and the production of 24.000 vehicles per week will stop!

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