Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid DETROIT — The auto industry has an addiction. It’s a “capital junkie” that’s been on a yearslong binge of unprecedented spending on all-electric and autonomous vehicles. And now, … Read more
Even by electric vehicle standards, the original Fiat 500e wasn’t exactly a huge success. The Italian EV was mostly available in California, and sales peaked in 2015 with 6,194 units dropping to 2,250 by 2018. Former CEO Sergio Marchionne also famously claimed the company lost $14,000 on every 500e sold, which meant the less successful … Read more
The 2024 Fiat 500e. Stellantis DETROIT — Stellantis is resurrecting the all-electric Fiat 500e for the U.S. market, as the automaker begins to release electric vehicles domestically to meet tightening fuel economy regulations. The small city car is expected to first go on sale as a special edition “(500e)RED” model early next year, starting at … Read more
