Stellantis announced a halt in production for the electric Fiat 500 for four weeks, highlighting a significant drop in orders amidst a global downturn in EV sales driven by various market challenges.
The lack of orders for production has been attributed to profound difficulties in the European electric car market, affecting all manufacturers, especially the European brands.
In response to the market challenges, Stellantis is investing heavily in the Mirafiori plant to produce a new hybrid version of the Fiat 500 and enhance battery performance.
The Italian government aims to support the transition to cleaner vehicles with a $1 billion plan for electric car incentives, yet differences remain with Stellantis regarding these measures.
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