Fiat teased us with images of the new Fiat 500e, set to debut next week at the LA Auto Show. The Fiat 500e is the all electric version of the 500, developed in house by Chrysler engineers in Auburn Hills, Michigan. The powertrain for the Fiat 500e is said to consist of three main systems: a high power electric module, an innovative lithium ion battery and an EV control unit to manage power fluctuations. Range has been speculated at somewhere between 100 and 200 miles.
The primary market for the Fiat 500e is California, whose state law requires zero emission vehicles to make up a certain percentage of a car manufacturer's yearly sales. To meet this sales goal and be competitive in the marketplace, Fiat will wind up losing approximately $10,000 on each 500e sold*. This is according to Sergio Marchionne, CEO of both Fiat and Chrysler. The Fiat 500e will go on sale in California next year, with a rumored price tag between $30,000 - $35,000.
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The Fiat 500 BEV on display at the North American International Auto Show
Chrysler to manufacture the Fiat 500EV...
Fiat 500EV on track
*Figure revised to $14,000 in Jan 2013
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