Sub-$27K Fiat Panda EV In The Works For U.S. And Europe | Carscoops

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Sub-$27K Fiat Panda EV In The Works For U.S. And Europe | Carscoops
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Fiat's CEO commented that they would likely be synergies between the upcoming Citroen e-C3 and the electric Panda car auto cars

Stellantis is planning a new Panda-inspired EV with a lower starting price aimed squarely at halting the march gained by Dacia’s Spring EV. Additionally, the low-cost Panda EV will be brought to the U.S. as a second model to sit alongside the soon-to-be-launched-in-America 500e.

“There is a real need for more affordable EVs,” said Fiat CEO Oliver Francois, who spoke of the demand for accessible EVs traditionally priced above their ICE counterparts. Stellantis hopes to price the new Panda at under €25,000 . Priced at around €17,300, the Spring EV from Renault-owned Dacia is one of Europe’s cheapest EVs. In addition to the likes of Dacia, Stellantis will also be going up against a new onslaught of Chinese automakers that are entering the European market. The new Panda will sit below the 500e, which is listed at a starting price of €25,450 in Italy. Meanwhile, the electric Renault 5 and upcoming VW ID.2 will be priced in the €25,000 and up range.

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