Fiat bets on electric '500' as it moves on from Renault

TURIN, Italy (Reuters) - Fiat Chrysler plans to invest 700 million euros (£628 million) in an electric makeover of its iconic Fiat 500, a top executive said on Thursday, as the automaker seeks to move on from its failed bid to merge with France's Renault .FCA's chief operating officer for Europe, Middle East and Africa, Pietro Gorlier, announced the investment - the Italian-American company's biggest single bet on an electric vehicle - at its Mirafiori plan in Turin, northern Italy."The plan..