Microlino’s European Future in Doubt as Asia Beckons with Cheaper Production
Swiss electric microcar Microlino, designed in Küsnacht, Zurich, and assembled in Turin, Italy, faces potential relocation to Asia. Despite emitting 80% less CO₂ than conventional cars, it misses out on EU subsidies, putting its future in Europe at risk.
Founders have invested over 70 million Swiss francs, producing around 4,767 units in Italy. However, lack of European subsidies and EU regulations classifying it as a 'not proper car' threaten its sustainability in the region. The Microlino, retailing for up to 25,000 Swiss francs, offers a top speed of 90 km/h and is seen as a sustainable mobility option.
An Asian company has expressed interest in acquiring an existing production site, potentially securing jobs and production. Asia also offers lower production costs and serious funding, making a relocation appealing.
Microlino's future in Europe hangs in the balance due to regulatory challenges and lack of subsidies. A potential move to Asia could secure production and jobs, but also shift control of the innovative electric microcar to foreign hands.
