The industry is currently trying to expose their small car strategy in Europe because of increasingly stringent emission regulations, forcing car manufacturers to add expensive new technology to cars with essentially small profit margins.
Ford has announced that it will stop offering Ka + in the region, while Opel has cut the Karl and Adam models out of reach.
VW Group is rumored to be replacing the VW Up, Skoda Citigo, Mii Seat trio with electric models. In the group, Seat is responsible for developing small EVs that cost under 20,000 Euros. Herbert Diess, stated that their most affordable electric vehicle models are unlikely to arrive before 2023.
Renault is also working on entry-level electric vehicles with a target price of 10,000 Euros and hopes to be able to launch it in the European market in the next five years.
There has been no decision regarding the electric Picanto, but Kia is actively considering it. If you get the green light, Kia Picanto electricity must target a price of between 16,000 and 17,000 Euros.