Fiat is developing a new 500 Hybrid

Fiat is developing a new 500 Hybrid

At the end of 2023, Fiat announced that it was temporarily suspending production of its all-electric model 500e at the Mirafiori plant due to low demand, and the problems continued in 2024. Now, it seems that Stellantis has finally found a solution, and it could be a hybrid version of this model.

The analysis showed that the biggest reason for the drop in demand for the 500e is the price, so production at the Mirafiori factory is not economically profitable. Back in May, it was announced that the Fiat 500e would undergo its first reverse transition, which is necessary in the hope of saving the model and its production. Also, it should be pointed out that the high price of cars was also influenced by the sudden abolition of incentives in Italy and Germany.

It was decided to try to significantly reduce costs by developing a hybrid version and technical evolution of the current 500e, with a new battery and a new battery management system, in order to make the price of the car affordable to a larger number of customers.

The plan is the annual production of up to 100,000 units of the hybrid version, and whether this will have an effect remains to be seen, because the arrival of this version is announced in two years.

Source: Fiat