A new compact electric vehicle with innovative battery technology has been introduced in Japan, marking a potential expansion into European markets. The manufacturer has hinted that production of the minicar could be set up in Hungary, which would allow it to meet EU criteria for subsidies aimed at boosting local electric vehicle manufacturing. If realized, this move could strengthen the automaker’s presence in Europe while leveraging regional incentives. The development underscores growing interest in small, efficient electric vehicles as automakers seek cost-effective ways to enter the EV market.
Pack battery technology from its Racco kei car launched in Japan. The minicar could be built in Hungary to qualify for EU subsidies.
