Frankfurt Motor Show 2011: Smart surprises with price of Fortwo EV

Consumers around the world will be able to get their hands on a Smart Fortwo electric drive from next year, the company has confirmed - paying considerably less for it than many of the competing models available today.

The tiny vehicle, already commonly seen in many cities in its traditional gasoline form, will enter more than 30 markets next year with a five-figure production volume, Smart announced at the Frankfurt Motor Show.

The price in Germany will be under €16,000 before taxes, Smart added, with other global markets expected to boast similar price points.

Following the approach taken by Renault, the Smart Fortwo will be supplied with a rented battery, which will cost €60 per month, although the company says that consumers will also be able to buy or lease the vehicle with the battery included.

A price of €16,000 will make the Fortwo one of the most affordable electric cars on the road, especially given the generous discounts offered by some countries and cities for electric vehicle ownership.

The Nissan Leaf, for example, is priced at around €35,000 in Europe, while the Renault Fluence Z.E. will be around €27,000 at its launch later this year.

Consumers can register online for the model as of the fourth quarter of this year, Smart said, and the car will be on show at the Frankfurt event from September 15-25.

http://www.iaa.de/en

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