Stellantis is planning to add a second lower-priced all-electric vehicle to its arsenal to compete with Renault and Chinese carmakers as consumers look for more affordable EVs.
The new EV — a no-frills Fiat Panda-inspired model for less than €25,000 ($27,347) — will be unveiled in July 2024 to take on Renault’s Dacia Spring, Fiat brand CEO Olivier Francois said in an interview.
“There is a real need for more affordable EVs,” Francois said.
Stellantis, the parent company…
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