The 2023 ID.4 has a starting MSRP of $38,995 for the Standard variant, which comes with a 62 kWh battery and an EPA-estimated range of 209 miles. Additionally, Volkswagen offers the 2023 ID.4 in a Pro variant, equipped with an 82 kWh battery and an EPA-estimated range of 275 miles. Notably, Volkswagen ID.4 EVs with LG batteries are not eligible.
For customers interested in purchasing a 2023 or 2024 ID.4 EV, there is an option to apply the tax credit as a down payment for the vehicle. However, it is important to note that the qualification for MY 2024 ID.4 units is subject to change due to its reliance on batteries that have not been produced yet. The current qualification for MY 2024 ID.4 units is based on existing battery supplies. VW is optimistic that the MY24 ID.4 EV will qualify for the entire year of 2024 and pledges to keep customers informed about updates to the MY 2024 ID.4’s qualifications.
Volkswagen views the expansion of the Federal Tax Credit as good news for consumers in the U.S., as it broadens the choice of affordable EVs. The company asserts that the ID.4 is already competitively priced and that the $7,500 Federal Tax Credit makes it even more accessible. Furthermore, VW emphasizes that localizing assembly of the ID.4 in Tennessee and investing in battery production, components, and innovation signal their commitment to supporting American jobs and advancing the goal of a carbon-neutral future. In the words of Pablo Di Si, President and CEO of Volkswagen Group of America, “This shows that we made the right decision to localize [the] assembly of the ID.4 in Tennessee and invest even further in battery production, components, and innovation. Every ID.4 sold supports thousands of American jobs and helps advance our goal of a carbon-neutral future.”