Volkswagen announced that the 2023 ID.4 electric crossover SUV, which the automaker just started producing at its factory in Chattanooga, Tennessee, will start at the suggested price of $37,495 — making it one of the more affordable plug-in crossovers on the market today.

Combined with the federal EV tax credit of $7,500 — which may be renewed under the Senate Democrat’s new reconciliation package that’s currently under debate — the ID.4’s price could come down even more.

The ID.4 is VW’s most popular EV, having delivered 190,000 vehicles to customers globally since its release in 2021. VW CEO Herbert Diess, who is stepping down in September, said in May 2022 that the company was “basically sold out on electric vehicles in Europe and…

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