In the last few years, we’ve seen a significant change in the auto scene. Big companies are investing billions of dollars in developing new technologies for electric cars.

Audi comes with the E-Tron, Mercedes with the EQ electric line, Porsche has Taycan, and now we are ready to see the French Bugatti introduce its first electric car.

According to Bugatti CEO Stefan Winkelmann, in an interview with Bloomberg, he confirms that the company has an electric car concept for 2023. He also claims it is priced better than the rest of its fleet, as the industry is in full swing of changes.

It is intended to be a mass-market product, as the company only built 70 cars this year because of its ultra exclusivity. It is estimated that the company will produce 600 electric vehicles a year, starting at $500,000. For this to happen, the company needs to shape the new electric car market.