A new age of super-cheap EVs is coming – but the US may miss out

Mitsubishi is planning two affordable new EVs, part of a push for cheaper electrification that could bring prices down to the equivalent of around $18,000. The announcement follows Mitsubishi’s European partner Renault launching its own low-cost EV, under the Dacia brand.

In March 2021, the Dacia Spring Electric was unveiled, an all-electric city car that will start at 16,990 euro ($20,600) when it goes on sale in France later this year.

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