The Japanese will create an ultra-affordable electric car

The Japanese will create an ultra-affordable electric car

January 26, 2021 0 By autotimesnews

The electric car segment is actively developing. Today, battery car makers are fighting for buyers with the latest technology and long-range batteries, but there is another way. The growing demand will be helped by cheap electric vehicles.

In the near future, a relatively new class of cars will appear on the electric car market – cars with very inexpensive prices. Nikei writes about this with reference to Shigenobu Nagamori, chairman and chief executive officer of the motor manufacturer Nidec.

Such super-affordable electric cars exist now. For example, in the Wuling lineup. The Chinese managed to bring to the market an electric car worth a little more than 320 thousand in our money. With such an attractive price tag, it even surpassed the Tesla Model 3 in the domestic market.

And this price tag is not the cheapest yet.

The Japanese company Nidec will play an important role in their release. Its engineers are going to cut the cost of traction motors by a factor of five.

Such cars will increase sales of electric cars at times: up to 300 million copies instead of the current 90. Such bold numbers are called by auto experts.

In the meantime, Volkswagen has announced its newest electric vehicle, the Trinity. This model will take on the role of the flagship in the ID battery family.