Cheaper EVs Will Boost Demand Across Europe, Says Transport Lobby

Tuesday, 17 September 2024, 06:02

Cheaper EVs will spur demand in Europe according to the transport lobby's latest predictions. The call is for manufacturers to produce electric models priced under €25,000. Models like the Renault 5 and Stellantis’s Citroën e-C3 could drive significant market growth as consumers increasingly shift to affordable electric vehicles.
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Cheaper EVs Will Boost Demand Across Europe, Says Transport Lobby

According to T&E, manufacturers should forge ahead with plans for cheaper electric models under €25,000, such as the Renault 5 and Stellantis’s Citroën e-C3. This move is expected to significantly increase demand in the European market, as lower price points make EVs accessible to a broader audience. The transport lobby emphasizes that affordable options are essential for supporting the green transition within the automotive industry.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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