Fiat 500 Hybrid Production to Start in 2026
On Monday, Stellantis announced plans to build a mild hybrid version of its 500e small electric car at its Mirafiori plant in Turin, Italy, starting in the first quarter of 2026. The move comes as a response to a global slowdown in electric car sales, aiming to offer affordable and high-quality cars for Italian customers.
Slowing Electric Car Sales Impact Production Rates
Hybrid versions of the Fiat 500e and Jeep Compass are being introduced by Stellantis in response to a slowdown in full-electric vehicle sales, leading to reduced production rates. Stellantis aims to produce 200,000 500s annually, including 125,000 hybrids, compared to fewer than 80,000 electric models sold last year. The company cites factors like lower energy costs, charging networks, and subsidies affecting the development of affordable cars.
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Stellantis CEO Meets with Union Representatives
The announcement of Stellantis planning to build a mild hybrid version of the Fiat 500e in Italy came after CEO Carlos Tavares met with union representatives in Turin to discuss boosting production at Fiat’s Mirafiori plant. The addition of the hybrid model aims to address the global slowdown in sales of full-electric vehicles and provide new opportunities for workers.
Importance of Affordable and High-Quality Cars for Italian Customers
Customers in Italy will soon have access to an affordable and high-quality hybrid version of the Fiat 500e, produced at the Mirafiori plant. With a target annual output of 200,000 units, including 125,000 hybrids, Stellantis aims to cater to the demand for more accessible electric options while ensuring quality and value for Italian car buyers.