Fiat Chrysler isn't exactly the first name that comes to mind when you think of electric cars. Where Ford, Volkswagen and other brands are basing their long-term roadmaps around EVs, Fiat Chrysler has been hesitant to make more than the occasional hybrid. Now, though, it's ready to make up for lost time... if only just. As part of a five-year plan, the company has announced that it will launch over 30 vehicles with some kind of electrification by 2022, whether it's a full EV, a plug-in hybrid or a conventional hybrid. To that end, it's investing €9 billion ($10.5 billion) into the development of these greener machines.
However, you can't quite call it a leap into the future. The automaker estimated that 15 to 20 percent of its sales will involve models with "heavy electrification" like EVs or full hybrids. That's an improvement, but not a dramatic shift in strategy. As CEO Sergio Marchionne explained, fossil fuel-powered engines will still be found in the "vast majority" of its vehicles. The most notable exception is the Fiat 500 family, where hybrids and pure EVs will be par for the course. Read More
However, you can't quite call it a leap into the future. The automaker estimated that 15 to 20 percent of its sales will involve models with "heavy electrification" like EVs or full hybrids. That's an improvement, but not a dramatic shift in strategy. As CEO Sergio Marchionne explained, fossil fuel-powered engines will still be found in the "vast majority" of its vehicles. The most notable exception is the Fiat 500 family, where hybrids and pure EVs will be par for the course. Read More
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