Automakers

Stellantis to invest $107M in new battery pack to boost Fiat 500 EV range

Fiat 500e 2024 Arc
The Fiat 500e was launched in Europe in 2020. It starts at about €30,000 in Italy, but now faces competition from lower-cost EVs, including the C3 from sibling Stellantis brand Citroen. (FIAT)
April 24, 2024 03:59 AM

TURIN – Stellantis will invest €100 million ($107 million) to build a new battery pack for the Fiat 500e minicar that will increase range and lower costs, CEO Carlos Tavares said.

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