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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

Can flood of cheap new EVs coming to Europe save its carmakers?

Renault R5 E-Tech 100% electric cars on media day at the 2024 Paris auto show
in the past few months there has been a rush of new cheaper European electric cars, such as the Renault 5. Photograph: Benoît Tessier/Reuters

Affordable new electric family cars – particularly those that are EU-made – have been tough to come by in Europe for the past few years. There were no launches of homegrown electric models for less than €25,000 (£20,740) across the EU during 2022 and 2023, according to the campaign group Transport & Environment.

Yet in the past few months that has changed, with a rush of new cars ranging from the Fiat Grande Panda to the Citroën ë-C3, the Hyundai Inster to the latest Dacia Spring and the Renault 5. Suddenly, buyers have options.

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