"Moving on from its attempts to merge with Renault, Fiat Chrysler Automobiles (FCA) plans on investing US$788 million to manufacture an electric version of the Fiat 500 minicar. The new 500 EV will be Fiat's first battery-powered car to go on sale in Europe. Production is scheduled from Q2 2020, at 80,000 units annually. FCA is rationalizing the Fiat brand to just a few models based on an electrified 500 lineup and the Panda minicar, two models that currently dominate Europe’s mini car segment." - Vinay Piparsania
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Jul 16, 2019
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