FCA plans electric Fiat 500 for 2020 as moves on from Renault
Share:
TURIN, Italy (Reuters) - Fiat Chrysler (FCA) plans to spend 700 million euros (£628 million) to take the Fiat 500 electric as the carmaker moves on from its failed $35 billion bid to merge with France's Renault , a pioneer in electric vehicles.FCA chief operating officer for Europe, Middle East and Africa, Pietro Gorlier, announced the Italian-American company's biggest single bet on an electric vehicle at its Mirafiori plant in Turin, northern Italy on Thursday.FCA's investment is part of a..