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Skoda Epiq 40: Spain’s most affordable electric SUV arrives

Skoda Epiq 40: Spain’s most affordable electric SUV arrives RUSSPAIN.com © russpain.com
Skoda Epiq 40: Spain’s most affordable electric SUV arrives © russpain.com
Skoda’s new Epiq 40 electric SUV launches at 18,500 euros with incentives. Its 135 hp motor delivers a 324 km WLTP range, while the boot holds 475 litres. Built in Spain, it’s now the brand’s most accessible EV and targets city drivers seeking practicality at a lower price.

Skoda has introduced the Epiq 40 in Spain, a compact electric SUV that cuts the brand’s entry price by 4,300 euros. With all available incentives applied, it starts at 18,500 euros, making it the most affordable electric SUV in Skoda’s lineup and one of the brand’s cheapest models. That price depends on combining local incentives such as Plan Auto+ and the CAE program, which requires trading in a combustion vehicle.

The Epiq 40 is a separate entry-level model, not simply a less powerful version of the Epiq 55. It gets a 135 hp motor with 264 Nm of torque and a 37 kWh LFP battery, giving it a WLTP range of 324 kilometers. For city driving, the claimed range rises to 439 kilometers, enough to cover most daily commutes without frequent charging. Automotive publications confirm it is a new base model, not a temporary discount on the previous version.

"The Epiq is the first production Škoda to fully embody the new Modern Solid design language, with series production officially starting in June 2026."
, Škoda Storyboard

The Epiq 40 supports DC fast charging at up to 88 kW, taking the battery from 10% to 80% in about 23 minutes. The car is primarily aimed at home charging and city driving, rather than long trips. Official consumption is 14.0 to 14.2 kWh per 100 km, depending on options, figures that should be realistic for urban use.

Despite its compact 4.17-meter length, the Epiq 40 has a 475-litre boot, more typical of larger SUVs. That emphasis on space sets it apart from B-SUV rivals, where boot capacity can be limited for families or city dwellers with active lifestyles. The Epiq is assembled in Spain, in line with Skoda’s strategy to offer an accessible electric crossover and attract local buyers.

"The Epiq lineup in Spain previously included a more powerful version with a 52 kWh battery and up to 440 km of range, but the new Epiq 40 and Epiq 35 variants are positioned as the most affordable options, with 37 kWh LFP batteries and 310 to 324 km WLTP range."
, motor.es

The standard Urban trim includes the Studio interior, LED headlights and taillights, plus roof rails. It also has a 13.1-inch central touchscreen with wireless Apple CarPlay and Android Auto, along with Lane Assist and Emergency Assist. Parking exit assist and safe exit warning are included, too. As a launch offer, 18-inch alloy wheels come at no extra cost, replacing the usual 17-inch steel wheels and giving the Epiq 40 a more premium look.

All trims now offer a heat pump. Higher-spec Selection and First Edition models can add a Premium Pack, which includes surround-view cameras and remote parking, along with a Canton sound system and a front trunk, among other features.

The 18,500-euro price is available only to buyers who combine Skoda’s promotions and financing discounts with the 4,500-euro Plan Auto+ subsidy and an extra 1,000 euros from the CAE program. The CAE program requires trading in a qualifying combustion car. Without that incentive, the price is closer to 19,500 euros with Plan Auto+ applied. For cash buyers, the Epiq 40 costs 25,925 euros before incentives. Several German and Spanish sources note that the advertised starting price can be much higher when buyers do not combine these incentives.

Financing comes with strict terms: buyers must finance at least 19,000 euros for 36 months, pay 2,396.30 euros upfront and make 35 monthly payments of 130 euros. They must also pay a 4,500-euro balloon payment in month 12, intended to be covered by the public subsidy, followed by a final payment of 15,544.09 euros. At a 9.18% APR, the total cost is 26,990.39 euros before subtracting any subsidies actually received.

For drivers who mostly stay in the city, the Epiq 40’s combination of price and space, backed by its efficiency, is hard to match. It isn’t designed for regular long-distance trips. For urban buyers seeking a roomy, practical electric car from a familiar brand, it sets a new standard for value in Spain’s EV market.

As reported earlier, competition in Spain’s compact SUV segment is intense, with buyers weighing price and space while also considering technology. Skoda’s decision to build the Epiq 40 in Spain and price it aggressively is a clear bid to attract city drivers who have hesitated to go electric. Local production may also appeal to buyers who want to support Spanish industry while getting practical value for their money.

Frank Miller RUSSPAIN.com
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Frank Miller

Frank Miller covers the automotive industry, transport and Spanish road regulation for RUSSPAIN.COM