The price of Volkswagen China's electric hatchback, the ID.3, has been significantly decreased.

For a brief time, purchasers can take advantage of a "historically low" beginning price of 125,900 ($17,434).

As a result, the ID.3 is now about half as expensive in China as it is in Europe.

Volkswagen drops the price of the ID.3 in China; the starting price is now $17,500.

The price of Volkswagen China's electric hatchback, the ID.3, has been significantly decreased.

For a brief time, purchasers can take advantage of a "historically low" beginning price of 125,900 ($17,434).

While the ID.3 is currently significantly less expensive than the Tesla Model 3, it is still slightly more expensive than the BYD Dolphin, which is becoming more and more popular.

 Starting prices for the Dolphin in China are just over $16,000. Its dimensions are comparable to those of the ID.3, and it recently debuted in Europe.