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  • Writer's pictureBy The Financial District

Stellantis To Produce Hybrid Version Of 500e In Italy

Fiat owner Stellantis is expected to announce a hybrid version of its 500e small electric car to be produced at its Mirafiori plant in Italy, two sources familiar with the matter said, confirming a report by Automotive News Europe, Giulio Piovaccari reported for Reuters.


The 500e is assembled at the site in Turin, Fiat's historic home, but a global slowdown in sales of fully electric vehicles has pushed Stellantis to significantly slow production rates. I Photo: Stellantis



The announcement is expected at a meeting scheduled in Turin between CEO Carlos Tavares and unions, which have been asking for a new high-volume, cheaper model for Mirafiori to revive its output.


The 500e is assembled at the site in Turin, Fiat's historic home.



But a global slowdown in sales of fully electric vehicles has pushed Stellantis to significantly slow production rates, introducing protracted furlough periods for the plant's workers.


The move might also help the carmaker improve its relations with the Italian government, which has often criticized the group for its falling output in the country and for making some of its Fiat and Alfa Romeo models abroad.



Stellantis—Italy's sole major automaker—and the government are in talks over a plan aimed at restoring the group's production in the country to one million vehicles by the end of this decade, from around 750,000 last year.




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