Volkswagen is looking to recapture the magic of the original "people's car" that was the VW Beetle with a new €20,000 EV.

According to Autocar, a concept version of the affordable electric subcompact is expected to debut at the Frankfurt Motor Show this fall. The crossover will be about the same size as a seventh-generation VW Polo and will allegedly take on the ID 1 name. This leaves space for a slightly larger compact crossover called that ID 2, which would slot in between the ID 3 hatchback and ID 1.

Frankfurt will also play host to the debut of the production-ready ID.3 .

"The commitment is that we start in the compact class, and the cars coming next are compact class cars," sales boss Jurgen Stackmann told Autocar . "Frankfurt will be the reveal of the ID.3, and an idea of what’s coming next - and that’s clearly compact because that’s what Volkswagen does.”

VW says it is committed to building truly affordable electric cars, so it's easier to start with smaller vehicles first. Once it can figure out how to more efficiently manufacture components and produce vehicles, it can begin working on larger ID models based on the various Crozz, Buzz, Vizzion and Roomzz concepts the automaker has presented in recent years.

“In the long term we clearly need to scale down and be more aggressive on prices,” Stackmann added. “That will be a scale of industrialization, and it will take some time until we bring it into classes.”

The 20,000 euro EV, which will have a five-seats and feature similar dimensions to the VW T-Roc, on sale won't go on sale until 2023 or 2024. It will probably be sold in Europe only, but if the launch is successful, we wouldn't be shocked if VW decided to put the vehicle on sale in China or other emerging markets at later date.

And no, North America, you probably won't be getting it.

[Source: Autocar ]