Volkswagen ID.4's estimated range of 250 miles (402 km) was officially confirmed by EPA for both the limited 1ST and standard Pro S versions. Let's recall that the car is equipped with a 82 kWh battery (77 kWh usable).
According to the EPA, we should also expect energy consumption of 97 MPGe - 347 Wh/mi (216 Wh/km), which is actually quite solid, considering that it's a crossover/SUV. It seems that Volkswagen did a decent job developing the MEB platform.
2021 Volkswagen ID.4 Pro S EPA rating:
For comparison, the Tesla Model Y in AWD version (which is not a direct competitor, but rather a state-of-the-art efficiency example) has 30% more EPA range - 326 miles (525 km) - and 22% lower combined energy consumption - 270 Wh/mi (168 Wh/km). It's of course also much more premium, sporty and expensive (roughly $10,000 more based on MSRP and $17,775 effectively, deducting the federal tax credit).
Other than that, the Volkswagen ID.4 should be a major contender in the mainstream segment.
The Kia Niro EV (e-Niro), which is slightly less expensive, has 239 miles (385 km) of EPA range (4.4% lower) and combined energy consumption of 301 Wh/mi (187 Wh/km) - 13% better than ID.4.