An electric Fiat 500 and plug-in hybrid Ram are in development
Fiat-Chrysler announced that the company will build an all-electric car based off the Fiat 500 by 2012 and a plug-in hybrid Ram by 2011. The Fiat 500EV was revealed earlier this year at the North American International Auto Show, but details are still scarce on the car. What is known is that the 500EV is co-developed by Chrysler and Fiat. The engineering work will be done at the Chrysler Group headquarters in Auburn Hills, Michigan and not in Italy.
The 500EV will run off a lithium ion battery, but the current range is unknown. It’s possible for the 500EV to have a range of 60-100 miles. Last year a Swedish company named Adapt converted Fiat 500′s to electric. The company claimed an almost 125 mile range for their Fiat 500 conversions. Unfortunately the electric 500′s Adapt produced cost almost $50,000.
Chrysler has said the 500EV will be priced competitively for an electric vehicle of its size. The 500EV will likely be in the same price range as Nissan’s Leaf, which will have similar specs. Pricing will be withheld until the car comes closer to production.