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Why cheap and small electric cars may soon be too expensive to afford

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DPA

A new car for less than 10,000 euros, preferably a small one that fits into any parking space at less than four metres long. This kind of compact model helps many young people save on their first car and fits better into congestion-plagued inner cities. But experts fear that it could soon be history. Because in order to prepare internal combustion engines for future emission standards and to follow the trend towards electrification, manufacturers will have to put so much money into cars that small cars will become significantly more expensive. As a result, they could largely disappear from the…

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