Stellantis Focuses on Affordability with Fiat 500 Electric Overhaul

Stellantis has showcased its strategy to make the Fiat 500 Electric more accessible by revamping its platform, targeting a reduction in price through the adoption of a new battery system and electric drive The current models of the Fiat 500 Electric are priced starting from £28,195 for the 23.8 kWh battery version and £31,195 for the one with a 42 kWh battery Despite facing operational hurdles at the Mirafiori facility in Italy, the company is set on maintaining its dominance in the Italian market, as underscored by CEO Carlos Tavares. However, the potential partnership with Chinese firm Leapmotor to produce up to 150,000 low-cost electric vehicles annually starting between 2026 and 2027 at the Turin plant has not been officially confirmed through the press release.