Two big brands reveal plans for EVs at the EUR20k starting price.
The race for Europe's compact electric vehicle segment is heating up, with both VW and Renault announcing plans for EVs at the coveted €20 000 starting price.Electrified vehicle sales may have slowed slightly in Q1 of this year, but the numbers for new energy vehicle s worldwide are still on the rise. With a year-on-year increase of around 17%, this breaks the recent trend of sales rising by at least 20% annually, which had been happening in the previous three years.
What’s more, Volkswagen is committed to manufacturing the model in Europe with a high degree of localisation when it comes to sourcing parts too. “It’s about entry-level electric mobility from Europe for Europe,” said company boss Oliver Blume.
Volkswagen Renault Twingo New Energy Vehicle NEV BYD SAIC BMW VW
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