Image: EVCentral
Image: EVCentral
AutoExec Summary
Hyundai is planning to launch a cost-cutting experiment in Europe with the introduction of the Hyundai Casper EV. Priced at less than €20,000, it aims to make electric cars more accessible in the market. The Casper EV will rival other affordable electric cars and pre-empt the release of similar models from brands like Renault. The Volkswagen Group is also gearing up to introduce affordable EVs, but the Casper EV will be priced lower. Production is set to start in Korea in July, with sales expected to begin by the end of the year. The Casper EV will be different from the combustion-powered model, featuring a longer wheelbase and cheaper lithium iron phosphate power packs.
Brands mentioned: Hyundai, MG, BYD, Renault, Volkswagen, Cupra, Skoda.
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