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In Stellantis’ newly released 2021 financial report, the major automaker says its Fiat brand will become fully electric in Europe by 2027. As part of that strategy, the document says that the marque’s lineup is getting another, currently unidentified, EV on the market. 2022 or 2023 (see chart below).
The financial report does not provide any other details about Stellantis’ future plans for the Fiat brand. In 2021, the company claims the 500e as the best-selling EV in the A-segment, which is generally a small-town car, in 12 countries around the world. Global volume for the small EV is around 44,000 units.
In 2021, Fiat boss Olivier François talked a bit about his plans for the future of the brand. “We are exploring the area of sustainable mobility for all: this is our largest project. Between 2025 and 2030, our product line will gradually become electric-only. This will be a radical change for Fiat,” he said.
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To make the electrification increase happen, Stellantis is invest more than $35 billion by 2025 in electrification. Some of the money will transformed the Mirafiori factory in Turin, Italy, become the center of EV production. The automaker is also putting cash into the site at Termoli to manufacture lithium-ion batteries there.
The Fiat 500e debuted in 2020 as a model engineered from the ground up to be an EV. It features a different look from the combustion-powered version with more refined bodywork and a 500 badge on the front. Inside, the instruments are in a circular cluster with a 7-inch digital display, and the 10.25-inch display sits in the center of the dashboard.
The 500e was launched with a single motor powertrain producing 118 horsepower (88 kilowatts) allowing it to hit 62 miles per hour (100 kilometers per hour) in 9.0 seconds. It came with a 42 kilowatt-hour battery pack that allowed for a range of 199 miles (320 kilometers) in the WLTP test.
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