Energy storage vehicles in the EU are affordable

What is the European energy storage inventory?

The Commission’s European Energy Storage Inventory can help address this gap within Europe. Launched in March 2025, it is the first European-level tool of its kind, providing a real-time dashboard of energy storage levels in Europe, offering energy storage data across a full range of technologies.

Are battery electric cars coming to Europe in 2026?

So far, both European and foreign carmakers have announced launches of battery electric models for the European market priced at under EUR 25 000, including Renault, Volkswagen, Hyundai, and BYD. Overall, nearly ten battery electric models priced at under EUR 25 000 are expected to be released by the end of 2026.

Which EU countries offer the most subsidies for electric vehicles?

Among the 16 analysed Member States of the European Union, the countries with the highest subsidy schemes for electric vehicles were the Netherlands, Romania and Germany. Czech Republic, Hungary and Poland offer the lowest level of subsidies. EEA 2021, Indicator assessment - Greenhouse gas emissions from transport in Europe.

Why are new electric cars not available in Europe?

Nevertheless, the majority of the European population cannot afford new vehicles and therefore depends on the second-hand car market. Due to their limited availability in the second-hand market, new electric vehicles currently have to compete with used conventional cars after subsidies.