This comes as several automakers are looking to electrify their fleet completely or partially in the next decade to combat carbon emissions
Italian automotive manufacturer Fiat has announced that it plans to shift to electric vehicles entirely by 2030, adding it would phase out combustion engine vehicles starting in 2025.
“It is our duty to bring to market electric cars that cost no more than those with an internal combustion engine, as soon as we can, in line with the falling costs of batteries,” Fiat CEO Olivier François said on the occasion of World Environment Day.
“We are exploring the territory of sustainable mobility for all: this is our greatest project. Between 2025 and 2030, our product line-up will gradually become electric-only. This will be a radical change for Fiat,” he added.
Fiat has just released an electric version of its 500 city car in some regions. At least for the time being, the standard 500 will still be available as well, a report by Engadget said.
“The decision to launch the new 500, electric and electric alone, was actually taken before Covid-19,” Francois said in a discussion with architect Stefano Boeri.
“Even then, we were already aware that the world could not take any more compromises,” Francois added.
This comes as several automakers are looking to electrify their fleet completely or partially in the next decade to combat carbon emissions. Mini, Volvo and Ford are looking to make the switch by 2030. Honda has set 2040 as its timeline for making the shift.