Stellantis plans sub-€25,000 Panda EV to tackle Renault, BYD

BE desk

Stellantis plans sub-€25,000 Panda EV to tackle Renault, BYD

Stellantis is making plans so as to add a 2nd lower-priced all-electric automobile to its arsenal to compete with Renault and Chinese language carmakers as shoppers search for extra inexpensive EVs.

The untouched EV — a no-frills Fiat Panda-inspired type for lower than €25,000 ($27,347) — can be unveiled in July 2024 to tackle Renault’s Dacia Spring, Fiat logo CEO Olivier Francois stated in an interview.

“There is a real need for more affordable EVs,” Francois stated.

Stellantis, the mother or father corporate of Fiat, additionally plans to begin promoting a full-electric town automobile from its French logo Citroen priced underneath €25,000 early after while.

That automobile, an e-C3, can be made in Slovakia to secure a lid on prices and higher compete with the Dacia Spring this is in-built China and the nearest all-electric made-in-France Renault 5.

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