Automakers

Fiat bets on electric 500 as it moves on from Renault

GP
By:
GIULIO PIOVACCARI
R
By:
Reuters
|
July 11, 2019 11:53 AM

TURIN -- Fiat Chrysler Automobiles will invest 700 million euros ($788 million) to build a production line for the new electric version of the Fiat 500 minicar, as the automaker seeks to move on from its failed bid to merge with Renault.

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