VW plans to sell electric Tesla rival for less than...

Volkswagen plans to dramatically undercut Tesla in a bid to take on Elon Musk's electric car firm. Reuters claims the firm is planning to sell its'MEB entry' vehicle for just £22,836 (20,000 euros) and plans to make 200,000 of them a year. Tesla's base Model 3 will cost $35,000 - but is not yet available, with the cheapest version on sale costing $45,000. Volkswagen will manufacture 10 million cars that are affordable and all-electric. All of them will be based on its modular MEB platform, which includes the'ID' concept cars (pictured).