Geely's Budget-Friendly EV Set to Shake Up European Market. Geely, a Chinese automaker, is expanding its presence in Europe with the launch of the E2, a highly affordable small electric vehicle (EV) that is poised to become one of the cheapest options in the continent. Slated to debut in Italy in October, the E2 is part of Geely's efforts to strengthen its position in the European market, where EV adoption is on the rise. With its competitive pricing, the E2 is expected to appeal to budget-conscious consumers looking for an environmentally friendly and affordable transportation option.


The E2, also known as the EX2 in some markets, will be one of Europe's cheapest small EVs. It launches in Italy in October, as Geely's namesake brand expands its European lineup.