German Manager Magazine: Renault announces electric car for less than 20,000 euros002878

The French car manufacturer Renault has one made in Europe Electric car announced for less than 20,000 euros. The small car “Legend” for city traffic should come onto the market after 2025, Renault’s electric mobility subsidiary, Ampere, announced on Wednesday. “We want to democratize the electric car in Europe,” said Renault’s chief financial officer, Thierry Piéton.

Renault wants to offer an electric car for 25,000 euros next year, the R5. It will be produced in northern France. Ampere wants to have a total of seven electric models on offer by 2031. The goal is to sell 300,000 electric cars in 2025, and the number is expected to rise to one million by 2031. That would be half of the total cars produced.

Other manufacturers are also planning inexpensive small electric cars. VW boss Oliver Blume recently confirmed that the group wanted to bring an electric car onto the market “in the region of 20,000 euros”. However, a decision has not yet been finally made. The French car manufacturer Citroën introduced the small car ë-C3 in October for 23,300 euros. The car with a range of 320 kilometers should be available for purchase from spring 2024. An electric car with a range of 200 kilometers will follow at the beginning of 2025 for 19,900 euros.

Just on Tuesday, the ADAC criticized the fact that it is still difficult to get a cheap electric car in Germany. There are currently only three models under 30,000 euros – all with a very limited range.

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