Stellantis strikes back: affordable Fiat Panda EV to challenge Renault and BYD
Fuel and electricity prices and inflation may be rising, but Stellantis NV says it has a remedy in sight. Get ready for a new contender in the electric vehicle market: a
Fiat Panda-inspired EV, priced under €25,000, which promises not to burn a hole in your wallet while you go greener.
As most of us are aware, the global shift to EVs is well and truly underway. However, with a surge in prices and depleting spending power, there's a significant demand for more affordable EVs, as stated by Fiat brand CEO, Olivier Francois. And Stellantis, the parent company of Fiat, seems poised to meet this demand.
Launching in July 2024, the Fiat Panda EV is set to take on rivals like Renault's
Dacia Spring and some noteworthy Chinese carmakers, redefining the game of EV affordability. But this isn't Stellantis' first rodeo in the budget EV arena. The automaker plans to introduce an EV city car from its French brand Citroen, also priced below €25,000, early next year.
Dubbed the e-C3, this city car will be manufactured in Slovakia, promising competitive pricing against Dacia Spring and France's upcoming all-electric
Renault 5.
Stellantis is preparing to roll out an affordable Fiat Panda EV to compete with the cheap future electric cars from Renault and BYD.
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