"Stellantis Aims to Electrify the Mass Market with New Italian EV Automaker Stellantis is set to shake up the electric vehicle (EV) market with the announcement that it will begin production of a small, affordable EV in Italy as early as 2028. In a bid to make EVs more accessible to a wider audience, Stellantis is partnering with other companies to develop the new model, leveraging shared expertise and resources to reduce costs and accelerate the development process. The move is seen as a strategic play by the company to increase its market share in the rapidly growing EV segment, where affordability remains a key barrier to adoption. With this new model, Stellantis aims to bring the benefits of electric mobility to more consumers, potentially disrupting the market and redefining the future of transportation."
Stellantis will build a small, affordable electric vehicle in Italy starting in 2028. It will be developed with partners to cut costs and speed up time to market.