A MAJOR car brand has revealed the UK's cheapest EV which is nearly half the price of its nearest rival.
The hotly anticipated Dacia Spring is set to retail from from £14,995, making it one of the most competitive EVs on the market.
The Spring EV will be an astonishing £12,000 cheaper than Britain's
current cheapest EV, the MG4.
Bosses at Dacia have said the new car's price point will "rewrite the EV rulebook."
Luke Broad, Dacia brand director for the UK, said: "Spring has played a key part in widespread adoption of EVs across Europe and, with a price that is even lower than speculated, we’re confident it will continue the success story in the UK."
The repayments could work out at around £5 a day which works out less than a coffee and cake from Costa.
The motor has already clocked up 140,000 global sales in the last two years.
The Spring will be the sixth cheapest new car on sale in 2024 across all fuel types.
Only the Kia Picanto (from £13,695), Citroen C3 (from £13,995), soon-to-be-replaced MG3 (from £14,320), Fiat Panda (from £14,740) and Dacia Sandero (from £14,795) are cheaper.
Dacia says the battery size of 26.8kWh has been "precisely calibrated to meet the needs and lifestyles of Spring drivers, without degrading the overall performance by adding excessive weight."
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At just 3.7 metres long, experts predict the highly efficient EV will be perfect for city centre driving.
A high ground clearance will allow it to go off road, but its probably not suited to overly challenging terrain.
The boot offers 308 litres of loading space and 1,004 litres with the rear seats folded down.
So its perfect for those weekend trips when the boot is loaded up with everything from hiking boots and BBQs.
David Durand, Dacia design director, said: "As Spring embraces the brand’s new design language, it is a resolute sign that it is here to stay as a key member of the Dacia family.
"We gave it a serious and confident design.Building on the success of the previous generation, the All-New Spring confidently asserts its own identity."