Tuesday, July 5, 2011

2013 Fiat 500 EV

2013 Fiat 500 EV

What it is: An electric Fiat 500.

Why it matters: Fiat needs to prove it’s a forward-looking company, even if the 500 EV’s electric technology is essentially developed by Chrysler. Also, Fiat needs to give people another reason to buy a 500 besides styling if  it wants to keep the sales curve from plunging to the bottom, Smart Fortwo–like, after the cuteness fades.

Platform: The 500 skeleton, which is shared with the European Fiat Panda and Ford Ka, altered for electric drive and battery storage.

Powertrain: A 100-hp electric motor powered by lithium-ion batteries.

Competition: Regular Fiat 500, Nissan Leaf

What might go wrong: Customers will have to deal with range anxiety. And if governments stop supporting EVs with attractive subsidies, pure electrics might not stand a chance.

Estimated arrival and price: Chrysler has said 2012, but we figure 2013. Pricing should mirror the Leaf’s, which starts at $33,630 before incentives.