Over the 2019-2021 period, Fiat Chrysler Automobiles is investing $5 billion in Italy for “the development of new powertrain solutions with a significant focus on hybrid and electric technologies.”
The first new model to use the new dedicated small battery electric vehicle platform will be a Fiat 500 electric vehicle.
“A meeting was held today at Mirafiori (Turin) between Fiat Chrysler Automobiles and the trade union signatories to the collective labor agreement applicable to Group companies in Italy. During the meeting, management presented the product plan for Italian plants that will support implementation of the 2018-2022 Business Plan presented at FCA’s Capital Markets Day last June in Balocco.”
“Pietro Gorlier, Chief Operating Officer for the EMEA region, presented the Group’s industrial plan for Italy, which includes the launch of 13 all-new or restyled models during the 2019-2021 period, and the development of new powertrain solutions with a significant focus on hybrid and electric technologies.
In particular, Pietro Gorlier further explained the details of the major initiatives to be launched in the next few weeks, including investment in production of the new Fiat 500 BEV at Mirafiori (Turin), and the European Jeep Compass in Melfi, leveraging the already installed vehicle platform and PHEV which underpin the Jeep Renegade. Applying that same flexible platform and PHEV technology, activities will also commence to prepare Pomigliano to produce an Alfa Romeo compact UV. A Fiat Panda MHV (Mild Hybrid Vehicle) will also be launched in Pomigliano.”
“The planned initiatives across vehicles and powertrain systems will leverage existing capacity, providing a clear product mission for the Italian plants and enabling a return to full employment.”