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The production version of the VW ID.3. Courtesy: VW

Volkswagen took the wraps off its ID.3 electric vehicle — one that will be available in Europe and starts at roughly $33,000 for the base model — just ahead of the Frankfurt Motor Show yesterday.

Why it matters: The compact EV, which will start deliveries in mid-2020, could be a big step toward production of moderately priced battery-powered cars for a mass market.

  • "Everything about the ID.3, from its size and styling to its battery range and pricing, is aiming for the mass-market category," TechCrunch notes.
  • It's the first vehicle built on VW's electric modular production platform.
  • That's the system that Ford, under a recent agreement with VW, plans to use for building 600,000 EVs for delivery in Europe over the next 6 years.

What they're saying: IHS Markit analyst Tim Urquhart, in a note, says the stakes are very high for the German automaker.

  • "VW needs the ID.3 to present a compelling choice for buyers that would never before have even considered buying an EV, a true electric people’s car," he said.
  • Urquhart also notes that the 4-door hatchback is the tip of the spear for VW's "hugely ambitious" EV strategy, so it "needs to be 'right' straight out of the box," without quality glitches.

Meanwhile, the auto news site Jalopnik calls it "likely their most significant car in decades."

Of note: While it's not for sale in the U.S., the automaker plans to start selling an MEB-produced ID Crozz, a crossover vehicle, here next year (and more info seems to be trickling out this morning).

By the numbers: The vehicle's battery options start at 45 kilowatt hours (kWh) with a range of 205 miles.

  • There's also a 58 kWh version with a 260-mile range, and a 77 kWh battery pack that provides up to about 342 miles of range, VW said.

What's next: There's plenty on display — from production-ready cars to concepts — at the show that opens this week, including the production-version of the Honda E.

Go deeper: Billion-dollar bets on electric vehicles await payoff

Go deeper

CCP releases two jailed Canadians after Huawei CFO deal with DOJ

Photo: Sheldon Cooper/SOPA Images/LightRocket via Getty Images

Two Canadians imprisoned by the Chinese government for over 1,000 days have been released and are expected to arrive in Canada on Saturday, Prime Minister Justin Trudeau said Friday.

Why it matters: Their release comes hours after Huawei Technologies CFO Meng Wanzhou reached a deal with the U.S. Department of Justice that resolves the criminal charges against her and could pave the way for her to return to China.

Updated 7 hours ago - Politics & Policy

Arizona GOP's private recount of 2020 election confirms Biden's win

Contractors working on behalf of the GOP examine and recount 2020 ballots at Arizona Veterans Memorial Coliseum in Phoenix in May. Photo: Courtney Pedroza/Getty Images

In an odd coda to the 2020 election, private contractors conducting a GOP-commissioned recount in Arizona confirmed President Biden’s win in Maricopa County.

Why it matters: The unofficial, party-driven recount has been heavily covered on cable news as part of former President Trump's continued effort to sow doubt about the election result.

Del Rio bridge camp empty following Haitian migrant surge

A boy bathes himself in a jug of water inside a migrant camp at the U.S.-Mexico border on Sept. 21 in Del Rio, Texas. Photo: John Moore/Getty Images

The last migrants camping under the Del Rio International Bridge, which connects Texas and Mexico, departed on Friday, Homeland Security Secretary Alejandro Mayorkas announced during a White House press briefing.

Driving the news: Thousands of migrants, mostly from Haiti, had arrived to the makeshift camp after crossing the southern border seeking asylum. Roughly 1,800 migrants will now head to U.S. Customs and Border Protection processing centers.

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