MUNICH -- Stellantis brand Opel plans to sell an all-electric vehicle at a price of about 25,000 euros ($26,967) without incentives from around 2026.
"With purely electric platforms from Stellantis, we will be able to offer prices that will allow us to touch a far wider audience," Opel/Vauxhall CEO Florian Huettl said on Monday at the IAA Mobility auto show in Munich.
Huettl did not give any details of the car.
It's likely to be a sister model to Citroen's sub-25,000 euros battery-electric version of the C3 small hatchback called the e-C3, due next year.
European automakers including Volkswagen with the ID2 and Renault with the Renault 5 are preparing to launch affordable small EVs to compete with Chinese models from brands such as MG.
Opel has set an aggressive target of selling only full-electric vehicles by 2028.
Huettl said all Opel models will be available with a battery electric version in 2024 and all newly introduced Opel models will be launched as fully battery-electric vehicles only from 2025.
Opel debuted two new full-electric cars at the show: the Astra Sports Tourer Electric station wagon and a face-lifted Corsa Electric small car.
The brand also showed the Experimental all-electric concept car that previews the brand's future design and technology direction.
A production version could revive the brand's Manta name used on an Opel sports-coupe built from 1970 until 1988.
Reuters contributed to this report
