Last month, sources claimed Volkswagen was planning an affordable electric vehicle with a sub-20,000 euro ($22,836) price tag. Bloomberg then reported that this future EV in VW's electric ID model range would reportedly cost less than 18,000 euros ($21,000) and act as a sub-compact rival to a Tesla.

This type of bold claim had to come with some skepticism, especially given VW's earlier announcement claiming future EV models would be priced similarly to its discontinued diesel cars (around $25,000).

Inside EVs was quite skeptical as well, so the outlet spoke to Matt Renna, Vice President of Volkswagen North American Region, at the 2018 Los Angeles Auto Show about this rumored affordable EV.