Stellantis Plans Electric Version Of Fiat Minicar In US: Report

Stellantis NV STLA owned car brand, Fiat, is planning to launch an electric version of its urban minicar, the 500e, in 2024 back to North America.
The Fiat 500e was the third best-seller in the region through September, the report cited researcher Jato Dynamics.
The Fiat 500e, Bloomberg reported, is currently being manufactured in the Mirafiori plant in Turin, Italy.
Formed by merging Fiat Chrysler Automobiles and France’s PSA Group in 2021, Stellantis is investing over $31 billion to improve its electric vehicle portfolio.
It aims to produce more than 75 electric models by 2030.
Fiat’s only model in the U.S. currently is the gas-powered Fiat 500X.
Also Read: Stellantis Acquires AI & Autonomous Driving Software Start-Up aiMotive
Price Action: STLA shares are trading lower by 1.89% at $14.55 in premarket on the last check Thursday.
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