Dacia’s first EV – the Spring – will cost EUR 17,800 in Hungary, according to local media.

Hungary is the the first market in Europe to price the new model announced last week.

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After Hungary’s EUR6,800 subsidy for electric vehicles, the Spring’s net price is just EUR 11,000 (GBP10,000; US$13,040).

At a list of EUR 17,800 (GBP16,100; $21,100), the Spring costs about EUR2,000 less than the Skoda Citigo IV, and over EUR3,000 less than Dacia parent Renault’s own Twingo ZE, romania-insider.com.

Sales start next spring, with the first deliveries expected next autumn.

The Spring is designed as an urban car with a range of 225km (140 miles), according to Renault.

The model will initially be produced in China.

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