Do we see small cars ever coming back?

The beetle sold gangbusters for being a small cheap car, in a time when small cars were rare. It's my hope is this part of history repeats itself. My hopes for that are diminished when I see small cool looking cars, not selling well. There's a handful of $17k cars out there, but you have to search them out. Roger Smith, as the chairman of GM, was once quoted as saying "The best GM you can buy for $(cheapest car at the time) is a 2 year old Buick" and that might be true. One of the cars I'd most like to see here or even buy myself is the $5k Wuling Mini. It's possible to make a small cheap car, trick is maybe in selling it. When Tesla started, their initial goal was to make an electric people's car i.e. small and cheap. They seem like they maybe on the cusp. They might be beat to the punch by VW's ID.1 Or, these things will just be the next Mitsubishi Mirage, nifty, small and cheap but not selling well. In 1960, a Beetle was $1565, or $16,068 today, about $1000 less than a Mirage. In 1986, Yugos were being sold at $3990, or $10,960 in today's money. How fantastic would a $11k car be? Except, the Yugos, they didn't sell so well. At the same time you could get a Hyundai Excel for $4995, or $13k today, being bigger, and marginally better, sold as many in their first year as the Yugo did total in the US. I'd really like to see a small, cheap, dead-simple and reliable little EV come to the US. Something without a bunch of bells and whistles, maybe not even a super long range battery, just a basic car, manual everything, with a battery and a motor controlled with a go pedal. Weighing in about a ton, up to 100 miles range, something I could swap major components out in my garage. Like the Beetle, but at a Yugo price with Land Cruiser reliability just for being so simple. It'd be my last car. Might not be profitable, and might not even be what people really want. They might complain about range, lack of heat, "cheap plastic interior" etc.