US-Bound Smart ForTwo Electric Drive to Cost from $25,000

EVs are still very expensive to manufacture and sell, mainly due to the high cost of batteries, as well as other associated costs which are usually higher than those for conventional cars, simply because this technology is new, and the price has to go down gradually, as it has done since the beginning of the automobile.
Smart ForTwo ED 1 photo
Photo: Smart
Now, however, buyers who don’t really require the space and carrying capacity of a Nissan Leaf or Chevrolet Volt, and just need two seats, the upcoming Smart ForTwo Electric Drive will be right up their alley. Furthermore, it will also be the cheapest EV for sale in the US, with a price starting at $25,000 without any state or government incentives.

With the federal tax credit deducted, the actual price goes down to just $17,500, and if owners already have a charging station at home already installed, they will incur no extra costs. However, if they don’t have a charger, Smart will be offering various models of chargers, with prices ranging between $1,300 and $1,700, while installation will cost an additional $300 to $500. The destination charge of $829 is not included, however, in the price and it needs to be taken into account, as well.

The Smart ForTwo ED hits US dealerships in the spring of 2013, and with its quirky European looks, excellent quality and (now) electric power, small size and relatively affordable price, it will win over a lot of buyers, we say.
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