Citroen Could Release An EV Costing Less Than $20,077

(MENAFN- Investor Brand Network) Citroen may launch an electric vehicle priced under $20,077 if European regulators approve a new vehicle classification. The French automaker could introduce a successor to the C1 that echoes the iconic 2CV's character while looking completely different, according to Autocar reports. This would position Citroen among Europe's most affordable electric options.

For entities like Ferrari N.V. (NYSE: RACE) that focus on the...

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