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EV-a2z > News > Fiat unveils new sub-€25K Panda EV in Europe
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Fiat unveils new sub-€25K Panda EV in Europe

Fiat introduces the affordable Grande Panda EV, priced under €25,000, with a 195-mile range. Part of Fiat's strategy to promote accessible electric vehicles in Europe.

EV-a2zm
Last updated: 2024/07/13 at 10:56 PM
EV-a2zm Published July 13, 2024 4 Min Read
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Italian automaker Fiat has just introduced its new battery-electric Panda model at a very competitive price of less than €25,000 ($27,000), Reuters reported.

Contents
Fiat to sell Grande Panda EV at an affordable priceWhat’s currently known about the new Panda EV?Low-cost EV strategyLooking forward

FIAT GRANDE PANDA: RETRO, ELECTRIC AND FROM LESS THAN €25,000

Length: 3.99 meters (small car)
44 kWh battery (range 320 kilometers good)
113 hp electric motor (very little but ok for small car) pic.twitter.com/EjTkLUbPLU

— CCL (@CCL2K30) July 12, 2024

Fiat to sell Grande Panda EV at an affordable price

Fiat Chief Executive Olivier Francois announced during the brand’s 125th-anniversary celebration that the new Grande Panda EV will soon become available in the market for only under €25,000.

Fiat's $28,000 Grande Panda EV Could Come To America https://t.co/7v4lfWFc1K pic.twitter.com/tbOsdcbEUG

— Flyin18T Motorsports (@Flyin18T) July 12, 2024

The new Fiat Grande Panda EV will also come with hybrid and traditional petrol-powered variants to meet varying customer preferences. However, it must be noted that the new Panda will not immediately supersede the current Panda model. Fiat might continue producing the existing model until 2029 at its Pomigliano factory.

Relevant personalities, including Stellantis CEO Carlos Tavares and Chairman John Elkann, attended the event in Fiat’s hometown of Turin. Surprisingly, Italy’s Industry Minister Adolfo Urso was also present despite the government’s previous criticism against the brand.

“We must not resign ourselves to the fact that (Italy) becomes a car museum.”

Italy’s Industry Minister Adolfo Urso asserted in a speech at the event on Thursday

What’s currently known about the new Panda EV?

According to EV.com, the new sub-€25K Fiat Grande Panda will feature a 44 kWh battery that delivers an estimated driving range of more than 195 miles (320 km). The model is suited for city use and weekend trips.

Fiat lance une Grande Panda électrique avec l’un des prix les plus bas du marché

🚀 En savoir plus : https://t.co/lAledFMZa3 pic.twitter.com/omxyWjbGng

— Actu Geek (@ActusGeekFrance) July 12, 2024

It will also reportedly have an 83 kW electric motor. In addition, it will offer seven exterior color options. Inside, it has a 10-inch cluster and a 10.25-inch digital radio.

The overall design pays homage to the legendary 1980s Panda car with 3D-branded low-relief letters on the doors and a stylish interpretation of classic details.

Low-cost EV strategy

The new Serbia-made Fiat Panda is just one of the multiple low-cost electric vehicle models under Stellantis’ umbrella, including the Citroen e-C3.

The new model aligns with the Italian brand’s strategy to promote EVs through affordability.

“Affordability is never optional on a Fiat.”

Fiat CEO Olivier Francois

In addition, the new Fiat Panda EV spearheads the brand’s plan to overhaul its portfolio, shifting the focus away from compact cars and introducing bigger models.

Looking forward

Apart from the new Panda EV, Fiat aims to launch three more offerings with a 1-year interval for each model until 2027.

These models in the pipeline include a pick-up, a fastback, and a small SUV.

All these new models will ride on Stellantis’ low-cost, multi-energy Smart Car platform, which also underpins the new Citroen e-C3.

They will also have battery-electric, hybrid, and internal combustion engine (ICE) variants.

Fiat unveils the new Grande Panda EV, starting under $28,500 (£22,000).

This retro-inspired model is part of Fiat’s 125-year celebration and global brand revamp. The Grande Panda, at 3.99 meters, will be one of the most affordable EVs, with a 195-mile range.

It’s launching in… pic.twitter.com/HiAgmsqxVM

— EV.com (@EVcom) July 12, 2024

With the Fiat Grande Panda’s competitive pricing and retro-modern design, the new mode can potentially attract a large pool of customers in the global EV market. Fiat will produce the Grande Panda at Stellantis’ plant in Kragujevac, Serbia, starting in the second half of July.

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TAGGED: Electric Vehicle, Europe, EV, Fiat, Fiat Grande Panda, Fiat Panda
EV-a2zm July 13, 2024 July 13, 2024
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