News & PreviewsSmart
Electric Cars Under €20,000: Europe’s Response to China
European automakers are targeting more affordable electric models to counter the advance of Chinese brands.
13 October 2026 1 min read 2 views
Europe’s automotive industry is preparing a new offensive in the affordable electric-car segment. The goal is to offer models priced below €20,000, a category so far dominated mainly by Chinese manufacturers.
The strategy aims to make electric mobility more accessible and strengthen the competitiveness of European brands. In Italy, where price remains one of the main obstacles to battery-car adoption, cheaper vehicles could expand the pool of potential buyers.
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