CleanTechnica•15 days ago
Citroën May Release A Sub-£15,000 Electric Car
Key Takeaway
The imminent arrival of ultra-affordable EVs will dramatically accelerate electricity demand growth, creating both significant opportunities for new generation and infrastructure development and challenges for grid stability and large power consumers.
AI Summary
- •Citroën's potential sub-£15,000 electric car signals a new era of ultra-affordable EVs, driven by falling battery costs and increased competition.
- •This affordability will significantly accelerate mass EV adoption, leading to a substantial and sustained increase in overall electricity demand.
- •For developers and IPPs, this presents growing opportunities for new generation capacity (particularly renewables) and grid infrastructure investments to meet the escalating load.
- •Large power consumers should anticipate increased grid demand pressures and potential strain, necessitating strategic energy planning, demand response, and potentially on-site generation or storage solutions.
Topics
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Article Content
People — especially many of our highly esteemed CleanTechnica readers — have been clamoring for someone to produce a truly cheap electric car for years. Battery prices have come down enough to make it possible. Chinese carmakers have been able to do it. But we haven’t been granted such an ... [continued] The post Citroën May Release A Sub-£15,000 Electric Car appeared first on CleanTechnica .