Automakers like Stellantis, Renault and Volkswagen are showcasing budget-friendly EVs in Paris, but it’s unclear if these affordable models will make it to the U.S.
This year’s Paris Motor Show has taken a turn — away from premium electric vehicles (EVs) and toward affordability. It’s hardly a surprising development as pressure mounts from Chinese automakers like BYD and Xpeng that are gaining ground by offering cheaper EVs.
With automakers like Renault, Stellantis, and Volkswagen showcasing cheaper EV options, the focus is on reaching price-conscious consumers. But as these low-cost models flood the European market, one big question remains: Will they ever reach U.S. shores?