A new compact electric vehicle has introduced a proprietary battery pack technology developed for its Racco kei model, now available in the Japanese market. The manufacturer is exploring production of the vehicle in Hungary, which could help secure eligibility for European Union subsidies aimed at boosting local electric vehicle manufacturing. This move aligns with broader efforts to expand electric mobility options while leveraging regional incentives. The development highlights a potential shift in production strategies to meet growing demand for affordable EVs in Europe.
Pack battery technology from its Racco kei car launched in Japan. The minicar could be built in Hungary to qualify for EU subsidies.
