The range estimate has to be based on something, so past history is a good indicator.
I haven't seen anybody post the rules that VW uses, and haven't cracked open the manual. My i3 estimates range based on the efficiency over last 18 miles driven.
I expect the ID.4 does something similar. It shouldn't require any intervention on your part. A system reset might cause it to predict 350 miles like many of ours did on the dealership lot.