Automotive Industry Updates: Innovations and Regulatory Challenges

Fiat, a brand under the umbrella of Stellantis, is set to launch a new hybrid model of its already popular 500e electric vehicle With the market experiencing a slowdown in electric vehicle sales, this new 'mild' hybrid version aims to make electric vehicles more accessible and affordable This hybrid 500e, blending electric and petrol mechanisms, is projected to have an annual sales volume between 100,000 to 110,000 units. Meanwhile, in regulatory news affecting the broader automotive sector, recent emissions rules under President Biden's administration have been critiqued for being lenient towards hybrid trucks and SUVs, raising concerns about their impact on environmental sustainability.