Can small EVs be truly profitable?

Car buyers are crying out for more affordable electric cars. While charging and range remain issues that hold back a majority of buyers from switching to battery power, the cost of entering the electric market remains too high for many. Proof of this can be seen in the immense success of MG over the past year. Since the brand introduced the highly affordable MG 4 electric hatchback, its sales in Ireland have jumped by 203 per cent in just one year. MG, of course, is a Chinese brand and that in and of itself is potentially problematic. We're still, really,…