But since then, the Dacia Spring has also had to undergo the laws of inflation. And its most basic version is now only sold at €20,990. An increase of almost 25% which alone symbolizes the difficulties suffered by electric models. To the point that we can now write that low cost electricity is over. We looked for electric vehicles below €20,000.
Read our survey: The price of cars is exploding: some have taken 25% in one year!
In vain: the Dacia Spring remains the cheapest on the market, except for cars without a license like Aixam or the Citroën Ami. In total, the rise in the price of electric cars is considerable and now exceeds 11% inflation. “The price of batteries alone accounts for around 40% of the total price of an electric vehicle currently on the market, says Christophe Dubon, spokesperson for Febiac. Manufacturers are looking for alternatives to nickel/cobalt batteries and these should arrive on the market by 2026. Another solution to reduce the cost of vehicles consists in equipping small cars with reduced batteries because large batteries generate significant costs. Knowing that an average customer drives 40 kilometers per day, having a range of 500 kilometers is not necessary for this type of motorist.
The car for less than €20,000 is on the way out
The rise in car prices, generated by energy inflation, has inevitable consequences for candidates for the acquisition of a new vehicle: with the same budget, the choices are considerably restricted. Thus, while nearly 80 car models were available under the €25,000 mark barely a year ago, today there are only regarding forty left.
The car under €20,000 is also becoming an endangered species. In total, less than twenty are still offered under this symbolic bar. With, once more and once more, Dacia at the forefront. The Sandero, which has seen an increase of nearly €2,000 in fifteen months, is now displayed at around €11,290 in its most basic version.
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