Fiat 500 EV Coming Later This Year, Forced to Market By CARB
Fiat-Chrysler CEO Sergio Marchionne, while at a media event last week at Chrysler’s Belvidere Assembly Plant, told Automobile magazine, than an all electric version of Fiat’s popular 500 would be introduced in North America before the year’s end.
“The economics of EVs simply don’t work. On the 500 that Chrysler will begin selling in the U.S. next year, we will lose over $10,000 per unit despite the retail price being three times higher (than the standard ICE)”
The Fiat 500 EV first appeared at the 2010 NAIAS, and had a range of 100, the production version is thought to sport a more LEAF-like 75 miles. No specs on battery capacity or performance have been made available at time of press.