Renault is set to introduce a new electric vehicle under its Dacia brand, targeting a price below €18,000. This initiative aims to compete with low-cost Chinese EVs.
The new Dacia EV will succeed the Spring model by mid-2026.
Production will be based in Europe to avoid import tariffs.
The model will share components with the upcoming Renault Twingo EV, priced around €20,000.
Renault aims for rapid development, targeting a 16-month timeline for the Dacia EV.
This move is part of Renault's broader strategy to offer affordable EVs and challenge Chinese manufacturers in the European market.