Stellantis Plans $17,500 Electric City Car That Could Wear A Fiat Badge

Stellantis is about to make important announcements for the U.S. market on May 21 at its investor day event in Auburn Hills as part of the company’s new strategic turnaround plan.The strategy is likely to focus regionally on key brands such as Jeep and Ram in the U.S. and Fiat and Peugeot in Europe, with Stellantis also expected to detail a cost-cutting plan and lay out how it aims to return to profitability following a net loss of over $26 billion in 2025.Parts of the strategy have already started to be revealed by Stellantis, including the planned launch of a “groundbreaking, small and affordable E-Car project” in Europe. The automaker argues that Europe needs a new generation of basic, cost-efficient small vehicles, in the style of Japan’s kei cars.The First E-Car Will Be Made in Italy From 2028
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