The electric mini-SUV Casper, from Hyundai, will be launched for European markets aiming for a price tag of €20,000, the cheapest EV so far.
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The model, already produced in South Korea with a conventional combustion engine, will be adapted for the European market. The Casper will become electric, but with a less powerful battery, which means a shorter range.
The car should be on par with its main competitor, the Spring from Dacia, which is currently the best-selling electric car on the continent. The lithium iron phosphate battery will provide a range of about 200 to 300 kilometers without needing a recharge.
Compact, with about 3.80 meters in length, the Casper is not expected to offer much power but should work well for a light and small urban car.
The price is one of the main advantages, as the South Korean company intends to launch the model in the range of €20,000 (about US$21,500), a bit below its rivals. It’s worth noting that in France, with subsidies for electric vehicles, the price is expected to drop to about €18,000.
According to a report from Automotive News Europe, Hyundai may start production as early as July, with a debut planned for the third quarter of this year.