Stellantis To Launch Sub-$27,000 EV With Over 186 Miles Of Vary

Automotive big Stellantis, which owns a minimum of 14 automotive manufacturers together with Citroen, Dodge, Chrysler, and Jeep, will reveal an inexpensive battery electrical car later this yr that may have a beginning worth under $27,000, in response to Bloomberg and Autocar.

Set to be constructed beneath the Citroen model on the group’s manufacturing unit in Slovakia, the upcoming mannequin will bear the e-C3 moniker and slot someplace between the Chinese language-built Dacia Spring and the electrical Opel Astra. In different phrases, it would presumably have an identical dimension because the soon-to-be-retired Chevrolet Bolt EV, all whereas providing a driving vary of greater than 186 miles (300 kilometers) on a full cost.

The upcoming French-branded EV may also compete with the next-generation Renault 5, in addition to Volkswagen’s deliberate inexpensive electrical hatchback that’s nonetheless about two years away.

“Citroen has a historical past of constructing inexpensive automobiles and its function now could be to make electrical mobility accessible to all,” Citroen CEO Thierry Koskas stated. “There isn’t a equal to this automotive in the present day.”

Again in March, the Hexagon-based automotive producer stated it was planning on unveiling a mixture of small electrical autos that will probably be priced across the $27,000 (25,000 Euro) mark, undercutting their major European rivals by a few thousand {dollars}.

Concrete technical particulars haven’t but been revealed, however the French automaker famous that the brand new e-C3 will probably be round 157 inches (4 meters) lengthy and that it will be “absolutely outfitted” as customary, that means it would more than likely have air-con and electrical home windows.

Moreover, Citroen talked about that its new inexpensive zero-emissions hatchback will probably be based mostly on a so-called “BEV-native” platform, with out going into extra element. Autocar writes that it is going to be strongly associated to the C3 that debuted in India final yr and later in South America based mostly on a model of the group’s CMP structure that additionally underpins the Jeep Avenger and Opel Corsa.

To maintain prices low, Citroen’s CEO stated that the brand new EV will probably be supplied in simply three trim ranges, every with a most of 5 choices, a tactic that’s been not too long ago employed by different carmakers resembling Ford, in a bid to streamline the manufacturing course of and improve revenue margins.

The French automaker which was established 104 years in the past is aiming for a 5 % market share in Europe, which it might attain as quickly because the second half of this yr, up from 3.7 % final yr, in response to its head honcho.

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