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FCA Putting $788 Million Behind New 500 EV, Small Battery Platform

Fiat Chrysler will invest $788 million to build a production line for the new 500 electric, according to the company’s European CFO Pietro Gorlier. An extension of automaker’s plan to to dump 5 billion euros ($5.6 billion) into Italy, the deal makes good on earlier promises that the automaker would establish a dedicated small battery-electric vehicle […]

The post FCA Putting $788 Million Behind New 500 EV, Small Battery Platform appeared first on The Truth About Cars.

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Author: Matt Posky

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