€25k Small Electric Cars On Track to be Profitable by 2025 – Analysis, Carmakers can sell small electric cars made in Europe for €25,000
. The report factors in other direct cost reductions while keeping broad industry expectations around indirect costs and mark-ups. The B-segment vehicle would have a 40 kWh LFP battery and a range of 250-300 km.
The arrival of more affordable, small electric cars would hasten the uptake of zero-emission cars in Europe, a new survey shows. One-quarter of new car buyers already intend to buy an electric car in the next year, according to a YouGov poll for T&E in France, Germany, Italy, Spain, Poland and the UK. [1] But when given the option of a small €25,000 electric car, the share of new car buyers willing to buy a battery electric model increases to 35%.
T&E said lawmakers need to create the conditions for car companies to prioritise small electric cars, which are better for the environment, low-income households and the competitiveness of the European auto industry. It called for a joined-up strategy of EV efficiency rules at EU level, vehicle taxes and subsidies at national level that penalise weight, and higher parking charges for SUVs at local level.if small affordable BEVs are available.
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