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Chrysler to Develop New Fiat Electric Vehicle for U.S.

March 23, 2010

AUBURN HILLS, MI - Chrysler announced plans March 22 to engineer and produce a pure electric vehicle using the Fiat 500 platform. Shown earlier this year at the 2010 North American International Auto Show, the Fiat 500EV demonstrates the immediate benefits of the alliance between Chrysler Group and the Fiat Group.

The Fiat 500EV powertrain is comprised of three main systems; high power electric powertrain module, advance lithium ion battery, and an EV control unit to manage power flows. Beginning in 2012, Chrysler Group will manufacture the Fiat 500EV for the U.S. market. All powertrain engineering and vehicle development will take place at Chrysler Group headquarters in Auburn Hills, Mich. Pricing will be announced closer to launch, but will be competitive with similar electric vehicles in the market.

Chrysler is exploring ways to promote zero-emission transportation and the development of an electric-vehicle charging infrastructure through partnerships to be announced in the future.

Last year, Chrysler Group announced the company's intention to build the Fiat 500 with a combustion engine for North America. The vehicle will debut in late 2010.


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