Low Battery Prices & Affordable Electric Cars Sweeping into Europe - CleanTechnica

The article from CleanTechnica highlights the significant and ongoing decline in electric vehicle (EV) battery prices in Europe, which is driving a surge in affordable, long-range electric cars. Over the past decade, battery costs have consistently dropped, enabling models like the Renault Zoe, Chevy Bolt EV, and Tesla Model 3 to offer both range and affordability. Notably, since 2022, EV battery prices in the EU have fallen by 27%, with projections indicating a further 28% reduction in the next two years and a total 46% decrease over five years. These price declines are expanding the market for affordable EVs, making them accessible to a broader range of consumers. This trend is reflected in the increasing number of low-cost electric models entering the European market. Between 2020 and 2024, only two affordable EV models were introduced, but six new models debuted in 2024 alone, with over a dozen more expected by 2027. The article emphasizes the substantial growth