Categories: Environment

When the prices of electric cars fall, Peugeot increases the price of its e-208

After recently reducing the prices of its e-208, Peugeot has decided to increase them once again, despite the fact that the prices of electric cars are generally decreasing.

In January 2024, the Peugeot e-208 became the best-selling electric car in France with 2,178 registrations, surpassing the Dacia Spring and the Tesla Model 3.

Peugeot seems determined to build on the success of its electric city car, as after reducing its prices a few weeks ago, the company has now raised them again.

However, the brand had recently made efforts to align itself with the competition, particularly with the e-308 which saw its prices slightly decrease, while the e-3008 is offered in the same range as the Renault Scénic or the Tesla Model Y.

A perplexing price increase

On the other hand, the Peugeot e-208 remains significantly more expensive than other options, including the upcoming Renault 5 E-Tech promised to be under 25,000 euros before incentives, and the Citroën ë-C3 which starts at 23,300 euros, again before incentives. The price of the Sochalian city car now starts at 34,100 euros before a 5,000 euro incentive, compared to 33,550 euros previously, still before subsidy. As a result, the Peugeot e-208 appears more expensive than the Renault Mégane E-Tech (starting from 34,000 euros) which, however, is from a higher segment. However, the city car has a larger battery, with 51 kWh for a range of more than 400 km while the cheapest Mégane has a 40 kWh battery for an announced range of 300 km.
At the same time, the thermal version has also received a small increase, but more modest. In fact, its price has just increased by 150 euros and now stands at 19,350 euros, up from the previous 19,200 euros. Again, it’s more expensive than the Renault Clio which starts at 18,700 euros.

Increased competition for the Peugeot e-208

It’s important to note that the Peugeot 208 recently underwent a minor makeover, including some technological improvements and a slight style revision. However, as the model was originally released in 2019, it is starting to show its age.

Peugeot will have a lot of work to do this year in order to maintain its position as the best-selling electric car, as the R5 E-Tech and the Citroën ë-C3 are expected to shake things up.

Read also :
Peugeot 3008: how many kilometers should you sell it for?
Peugeot 3008: what are the most common problems?
Reliability: the most common problems by car model

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