Smart Slashes Prices on #1 and #3 EVs Ahead of #5 SUV Debut

Smart is reducing prices across its existing electric lineup as it lays the groundwork for a new, larger model. The #1 and #3 SUVs will now start below the $50,000 mark, a move that comes less than two years after the brand introduced these vehicles to the market.

The price adjustment is designed to keep the current models competitive while the company prepares to add the #5 electric SUV to its range. By bringing the entry point under $50,000, Smart aims to attract more buyers in a crowded EV segment.

Details on the #5’s launch timing and specifications have not been disclosed in the source material. What is clear is that Smart is positioning its existing #1 and #3 as more accessible options in the lead-up to the bigger SUV’s arrival.