Stellantis plans $17,500 small EV to revive European market
The compact battery electric vehicle is designed to revive Europe’s shrinking entry-level car segment and support local manufacturing jobs, Stellantis said.
- Stellantis plans to produce a new small, fully electric vehicle called the 'E-Car' starting in 2028 at its Pomigliano d'Arco plant in Italy, targeting a price of about 15,000 euros to revive Europe's entry-level car market and support manufacturing jobs.
- The 'E-Car' project aims to leverage strategic partnerships, including with Leapmotor, to reduce costs, accelerate development, and increase local production volumes for the vehicle.
- The European Commission supports the 'E-Car' initiative as a means to boost design and manufacturing jobs and encourage broader electric vehicle adoption for city mobility, addressing cost impacts from EU regulations.
- Stellantis emphasizes demand for small, stylish, affordable, and environmentally friendly vehicles in Europe and warns that the lack of affordable EVs risks hindering zero-emission goals for lower-income consumers.
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Stellantis confirmed the launch of a new category of compact and low-cost electric vehicles called “E-Car”, a project with which the automotive conglomerate seeks to recover the weakened segment of accessible urban cars in Europe and, at the same time, promote the massive adoption of electromobility. Production will begin in 2028 at the Italian plant of Pomigliano d’Arco, historic factory where the Fiat Panda is currently produced. As it transce…
The policies of the European Commission, which are trying to promote and support the launch of small, accessible electric cars, are beginning to produce results, even if the legislation has not yet been adopted. A rival from Stellantis for Dacia Hipster has been officially confirmed. The name E-Car has been validated in Europe by authorities and industry ...
UPDATE 2-Stellantis plans $17,500 small EV to revive European market
Automakers have neglected low-cost, entry-level models in recent years due to rising costs linked to electrification and safety regulations, as well as a search for higher margins which has driven them towards mid-sized and larger cars. E-CAR TO DRAW ON PARTNERSHIPS The E-Car will draw on partnerships to keep costs down and speed up development, and will help support local manufacturing jobs, Stellantis said in a statement on Tuesday.
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