Stellantis' New Fiat 500E EV Might Just Be The Antidote To Bulky E-SUV Trend: Report
Portfolio Pulse from Benzinga Neuro
Stellantis (NYSE:STLA) has introduced the 2024 Fiat 500e, a compact and cost-effective electric vehicle (EV), as an alternative to the trend of large electric SUVs and trucks. The Fiat 500e is priced at $34,095, offers a 149-mile range, and includes unique features like an Acoustic Vehicle Alert System. It is not a performance vehicle but is noted for being lightweight at 3,000 lbs. Stellantis' recent partnership with Ample to develop EV battery charging technology could enhance the Fiat 500e's appeal.
December 08, 2023 | 2:46 am
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Stellantis has launched the Fiat 500e, a compact EV, and partnered with Ample for battery-swapping technology, potentially boosting its electric mobility market.
The introduction of the Fiat 500e by Stellantis could attract a niche market looking for compact EVs, which may positively impact STLA's stock in the short term. The partnership with Ample for battery technology could further enhance the appeal of Stellantis' EV offerings, potentially leading to increased investor interest and a positive stock price movement.
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