EVs costing €25,000 made in Europe expected to be on the roads by 2025

Falling production costs and battery prices would make what are known as ‘mass-market B-segment vehicles’ feasible to electrify by 2025, according to the study by Transport & Environment. Photograph: Bloomberg Carmakers will sell small electric cars made in Europe for €25,000 while making a profit within two years, which may be a game-changer for the European Union's motor industry, according to an analysis by a leading environmental NGO. Falling production costs and battery prices would make what are known as "mass-market B-segment vehicles" feasible to electrify by 2025, according to the study by Transport & Environment (T&E). It concludes that…