European Automakers Revive Classic Models with Affordable EVs to Take on Chinese Brands
According to a report by the Financial Times on October 15, Citroën plans to launch a €15,000 all-electric 2CV in 2028, while Volkswagen will introduce the €25,000 ID.Polo; Chinese brands took about one-third of the stands at the Paris Motor Show for the first time, and AlixPartners expects them to account for 16% of European sales by 2030. Changan plans to expand production in Europe, and Chery will start production in Spain.