New Renault 5 could become Australia’s cheapest electric car: CMF-BEV electric platform to cut prices by a third

Renault has detailed a new compact electric vehicle platform that could be capable of bringing Australia its first $33,000 European electric hatchback. Known as CMF-BEV, the new platform will be used for ‘B-segment’ city cars (classified as ‘light cars’ in Australia), and promises to reduce the cost of the vehicles it underpins by 33 per cent versus Renault’s sole electric passenger car still on sale, the Zoe hatchback.