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Mid-Nickel",103.5,99.73,3.78,13.78,6.78,[518,519,520,522,524,526,528,530,532,534,536,538],{"date":213,"value":512},{"date":216,"value":513},{"date":219,"value":521},99.19,{"date":222,"value":523},96.02,{"date":225,"value":525},98.23,{"date":467,"value":527},99.24,{"date":329,"value":529},101.29,{"date":339,"value":531},87.61,{"date":341,"value":533},92.44,{"date":344,"value":535},90.96,{"date":347,"value":537},92.24,{"date":350,"value":539},95.09,{"id":541,"uuid":542,"name":543,"slug":544,"full_slug":545,"content":546,"relatedArticles":782,"relatedVideos":783},188398478773931,"01540e08-c2a5-4cbe-9fa1-e68b6c83bab9","VW Group begins mass production of its small segment EVs","vw-group-begins-mass-production-of-its-small-segment-evs","article/vw-group-begins-mass-production-of-its-small-segment-evs",{"_uid":547,"date":548,"tags":549,"editor":559,"content":569,"excerpt":754,"featured":51,"reporter":755,"component":766,"seo_title":543,"categories":767,"visibility":771,"data_vis_image":772,"featured_image":775,"seo_description":779,"formattedDate":780,"formattedArticleDate":781},"d749f5a9-64fe-407c-a3b3-0488796043ad","2026-06-18 00:00",[550,553,556],{"slug":551,"name":552},"europe","Europe",{"slug":554,"name":555},"spain","Spain",{"slug":557,"name":558},"volkswagen","Volkswagen",[560],{"slug":561,"name":562,"content":563},"benjamin-roche","Benjamin Roche",{"job_title":564,"image":565,"bio":567,"linkedin":568},"Editor – Energy Transition Supply Chains",{"filename":566},"https://a.storyblok.com/f/287943243085208/800x800/66d6674fb8/benjamin-roche.png","Benjamin is Benchmark's Editor for Energy Transition Supply Chains, covering both upstream products like critical minerals and downstream products including energy storage systems and electric vehicles. He has previous experience covering trade flows, tariffs and the effects of geopolitics on supply chains.","https://www.linkedin.com/in/benjaminrochecontent/",{"type":570,"content":571},"doc",[572,601,623,633,645,681,689,697,706,714,746],{"type":573,"attrs":574,"content":575},"paragraph",{"textAlign":49},[576,584,596],{"text":577,"type":578,"marks":579},"VW Group has started series production of its ‘Electric Urban Car Family’ series with the Volkswagen ID.Polo and Cupra Ravel ","text",[580],{"type":581,"attrs":582},"textStyle",{"color":583},"",{"text":585,"type":578,"marks":586},"in Martorell, Spain",[587,594],{"type":588,"attrs":589},"link",{"href":590,"uuid":591,"anchor":49,"target":592,"linktype":593},"/article/industrial-accelerator-act-adds-made-in-eu-requirements-for-automakers","f241906f-ea0d-4bcf-84e5-4ca9c212a23f","_blank","story",{"type":581,"attrs":595},{"color":583},{"text":597,"type":578,"marks":598},". Assembly of the Skoda Epiq started just days later at the automaker’s facility near Pamplona, Spain, the same site that will also produce the Volkswagen ID.Cross from later this year.",[599],{"type":581,"attrs":600},{"color":583},{"type":573,"attrs":602,"content":603},{"textAlign":49},[604,609,618],{"text":605,"type":578,"marks":606},"While other ",[607],{"type":581,"attrs":608},{"color":583},{"text":610,"type":578,"marks":611},"European vehicle manufacturers",[612,616],{"type":588,"attrs":613},{"href":614,"uuid":615,"anchor":49,"target":592,"linktype":593},"/article/almost-half-of-evs-sold-in-europe-in-2026-contain-europe-made-cells","9e32de15-a444-40d6-be33-b749b248d932",{"type":581,"attrs":617},{"color":583},{"text":619,"type":578,"marks":620}," have launched several small segment EVs, such as the Renault 5 and Citroen eC3, over the past two years, this is the first time the lineup of the region’s largest automotive group has offered vehicles in this segment since the all-electric Volkswagen UP! was discontinued in 2023.",[621],{"type":581,"attrs":622},{"color":583},{"type":624,"attrs":625},"blok",{"id":626,"body":627},"f06e7a51-ff0a-4a7f-9ea4-5855480da6a7",[628],{"id":629,"_uid":630,"type":631,"component":632,"fixed_height":583,"use_fixed_height":50,"fixed_height_mobile":583,"fixed_height_tablet":583},"29404783","i-31462ec9-7467-4cd0-b2c9-c56b168253e9","visualisation","ContentFlourish",{"type":634,"attrs":635,"content":637},"heading",{"level":636,"textAlign":49},2,[638],{"text":639,"type":578,"marks":640},"Increase in European-produced small segment models",[641,643],{"type":581,"attrs":642},{"color":583},{"type":644},"bold",{"type":573,"attrs":646,"content":647},{"textAlign":49},[648,653,662,667,676],{"text":649,"type":578,"marks":650},"Several ",[651],{"type":581,"attrs":652},{"color":583},{"text":654,"type":578,"marks":655},"automakers",[656,660],{"type":588,"attrs":657},{"href":658,"uuid":659,"anchor":49,"target":592,"linktype":593},"/article/life-in-the-fastlane-stellantis-investor-day-2026","f128bb5d-bb4f-4ac4-9c56-ded8ce39e790",{"type":581,"attrs":661},{"color":583},{"text":663,"type":578,"marks":664},", both European and ",[665],{"type":581,"attrs":666},{"color":583},{"text":668,"type":578,"marks":669},"beyond",[670,674],{"type":588,"attrs":671},{"href":672,"uuid":673,"anchor":49,"target":592,"linktype":593},"/article/byd-joins-queue-of-chinese-oems-eyeing-underutilised-european-vehicle-plants","a540f8b0-5845-4627-87de-51a7252fba2c",{"type":581,"attrs":675},{"color":583},{"text":677,"type":578,"marks":678},", have launched small segment all-electric vehicles in the region over the past 18 months. Early electrification in Europe largely focused on larger segment vehicles, in part because of the greater margins typically earned from these vehicles, helping offset the additional costs of new EV production. This left the smaller, more affordable and most popular vehicle segments in Europe largely unpenetrated. However, this generation of small EVs have been built on EV-specific platforms, which enables vehicle manufacturers to now deliver profitable EVs in the small segment.",[679],{"type":581,"attrs":680},{"color":583},{"type":573,"attrs":682,"content":683},{"textAlign":49},[684],{"text":685,"type":578,"marks":686},"Automotive manufacturers are expanding model lineups in Europe to include smaller, more affordable EVs to tap into a largely unreached customer base. This is particularly important in the context of the region’s emissions targets, which encourage vehicle manufacturers to increase the share of EVs within their sales mix to avoid hefty fines.",[687],{"type":581,"attrs":688},{"color":583},{"type":573,"attrs":690,"content":691},{"textAlign":49},[692],{"text":693,"type":578,"marks":694},"A weakening of the targets in 2025 not only enabled the targets to be met over a three-year period, but also made small EVs 30% more effective for meeting these targets. Many manufacturers were already developing small EVs for the region, but this change increased their importance in meeting the region’s emissions targets.",[695],{"type":581,"attrs":696},{"color":583},{"type":634,"attrs":698,"content":699},{"level":636,"textAlign":49},[700],{"text":701,"type":578,"marks":702},"Full market impact yet to come",[703,705],{"type":581,"attrs":704},{"color":583},{"type":644},{"type":573,"attrs":707,"content":708},{"textAlign":49},[709],{"text":710,"type":578,"marks":711},"Many of these EVs have become among the most popular EVs in Europe; for instance, the Renault 5 was the third best-selling EV in the EU & EFTA & UK region in the opening four months of the year. However, their most significant impact is still yet to come. Several of these models will eventually be available with both a nickel-based battery pack option and an LFP option, but many of the first released models are only available with the nickel option.",[712],{"type":581,"attrs":713},{"color":583},{"type":573,"attrs":715,"content":716},{"textAlign":49},[717,722,724,729,735,740,741],{"text":718,"type":578,"marks":719},"The Renault 5 has so far only been available with a nickel battery, resulting in a significant price premium compared to its traditional, internal combustion engine (ICE) counterparts. Its base price of ",[720],{"type":581,"attrs":721},{"color":583},{"text":723,"type":578},"€",{"text":725,"type":578,"marks":726},"28,000 (USD $32,400) is 41%",[727],{"type":581,"attrs":728},{"color":583},{"text":730,"type":578,"marks":731}," ",[732,734],{"type":581,"attrs":733},{"color":583},{"type":644},{"text":736,"type":578,"marks":737},"more expensive than the Renault Clio. The ID.Polo will only initially be available with a nickel battery pack, and its base price of ",[738],{"type":581,"attrs":739},{"color":583},{"text":723,"type":578},{"text":742,"type":578,"marks":743},"33,795 ($39,100) is 69% more expensive than the ICE Polo. Once the LFP variant is launched, Volkswagen expects that premium to reduce to 24%. Despite this premium, early signals suggest that Volkswagen have sold a significant proportion of the planned production run for 2025 already.",[744],{"type":581,"attrs":745},{"color":583},{"type":573,"attrs":747,"content":748},{"textAlign":49},[749],{"text":750,"type":578,"marks":751},"However, without movement towards price parity, these small EVs will not be available to a large portion of their intended audience and so their real impact on Europe’s EV market will not be realised until the arrival of their LFP variants.",[752],{"type":581,"attrs":753},{"color":583},"VW Group has started series production of its ‘Electric Urban Car Family’ series with the Volkswagen ID.Polo and Cupra Ravel in Martorell, Spain. Assembly of the Skoda Epiq started just days later at the automaker’s facility near Pamplona, Spain, the same site that will also produce the Volkswagen ID.Cross from later this year.\n\nWhile other European vehicle manufacturers have launched several small segment EVs, such as the Renault 5 and Citroen eC3, over the past two years, this is the first time the lineup of the region’s largest automotive group has offered vehicles in this segment since the all-electric Volkswagen UP! was discontinued in 2023.",[756],{"slug":757,"name":758,"content":759},"george-whitcombe","George Whitcombe",{"job_title":760,"image":761,"bio":763,"linkedin":764,"markets_covered":765},"Analyst - EV",{"filename":762},"https://a.storyblok.com/f/287943243085208/500x500/e5fa44ebf8/george-whitecombe.jpeg","George is an EV Analyst at Rho Motion, working in the EV & Battery research team. He works extensively on global EV sales and production analysis, considering the economic and legislative factors that influence both. He also focuses on the strategy of automotive OEMs in the transition to EVs and feeds that into the team’s view on global vehicle markets. George graduated from the University of Exeter with a First Class Honours degree in Politics, Philosophy and Economics.","https://www.linkedin.com/in/george-whitcombe-2320111b6/","EV and Battery","article",[768],{"slug":769,"name":770},"ev","EV","private",{"id":49,"alt":49,"name":583,"focus":49,"title":49,"source":49,"filename":583,"copyright":49,"fieldtype":773,"meta_data":774},"asset",{},{"id":776,"alt":583,"name":583,"focus":583,"title":583,"source":583,"filename":777,"copyright":583,"fieldtype":773,"meta_data":778,"is_external_url":50},129067466943219,"https://a.storyblok.com/f/287943243085208/bf619b8374/bm-europe.jpg",{},"VW Group has started series production of its ‘Electric Urban Car Family’ series with the Volkswagen ID.Polo and Cupra Ravel in Martorell, Spain.","Jun 18, 2026","18th June 2026",[],[],1781799285233]