FIAT 500 EV debut in Detroit auto show will be developed by Chrysler in US which will go on sale in later 2012, announced Chrysler yesterday.
Last year Chrysler announced plans to assemble the Fiat 500 with a 1.4-liter gasoline engine for North America. That vehicle, which will be built in Mexico, will debut later this year.
Though there is no word on the pricing officially but Fiat and Chrysler CEO Sergio Marchionne has said earlier that the 500EV concept would sell for about $32,000 if it went on the market, of which $16,000 covered the cost of the batteries.
Chrysler did not announce a production target for the 500EV but expects to produce about 56,000 electric vehicles annually by 2014.