Renault's value brand Dacia is switching production of its low-cost Dacia Spring EV to Europe from China so it can benefit from French subsidies, the company announced. Priced at €17,900 for the base model ($20,789), the Spring will cost as little as €12,200 ($14,169) after French EV credits are applied. Dacia has also redesigned the Spring, making it sit a little higher and adding some sporty allure with a more muscular body design.

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The Dacia Spring will be assembled in Novo Mesto, Slovenia, at the same plant where Renault builds its Twingo E-Tech city car. The Spring now appears to be Europe's cheapest EV after incentives, which vary depending on country and your household income.

The Spring has been a relative success for Renault, with sale of 210,000 units across the world since 2021. It's designed to help Renault meet its ambitious 2030 goal of a 100 percent electrified mix in Europe, with half electric and half hybrid vehicle sales. Europe has ordained that fleet emissions must drop 90 percent by 2035 compared to 2021 levels.

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New passenger vehicle registrations in Europe (EU, EFTA, UK) increased by 4%, with all-electric car sales up by 51% to take a 25% market share

Best-Selling Carmakers and Car Brands in Europe in 2026 (July):

1 Volkswagen

2 Skoda

3 Toyota

4 BMW

5 Mercedes

6 Renault

7 Audi

8 Peugeot

9 Kia

10 Dacia