Fiat says it will transform into an EV-only manufacturer by 2030, aims for cost parity
3 years, 9 months ago

Fiat says it will transform into an EV-only manufacturer by 2030, aims for cost parity

Firstpost  

Fiat has become the latest major carmaker to announce its plans for an electric future, declaring the company’s portfolio will comprise fully electric models by 2030. In a recent interaction, Fiat CEO Olivier François said, “It is our duty to bring to market electric cars that cost no more than those with an internal combustion engine, as soon as we can, in line with the falling costs of batteries. Between 2025 and 2030, our product line-up will gradually become electric-only.” François also talked highly of urban mobility and the advantages it brings for the environment. Fiat hasn’t revealed whether it will launch all-new electric models or if it will electrify its current models on sale worldwide.

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