Fiat-Chrysler boss flips on EVs
Fiat-Chrysler Automobiles (FCA) boss Sergio Marchionne was once not a fan of electrification of vehicles, but it appears he has changed his stance.
The Italian told media during second-quarter financial report his “aversion” to electrification is based on the development costs compared to other cars.
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He says moving to electric was now, however, mandatory as diesel fares as a powertrain option.
The company now produces just two plug-in vehicles, a fully-electric Fiat 500 and a plug-in hybrid Chrysler Pacifica mini van.
Subsidiary Maserati has announced plans to electrify new models before the end of the decade. A plug-hybrid Jeep is set to launch in China soon.
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