AutomotiveNews reports that Chrysler and Fiat are keeping the tabs close with future investments, particularly in the field of EVs. Electric vehicles have been the trends as of recent and many of the major automobile manufacturers have hopped on the bandwagon, with some even completely changing their entire corporate philosophy.
But the latter two partners have decided to stick with good ‘ol diesel and gas internal combustion, though to a downsized degree, relying mainly on turbocharging. This is due to the fact that a recent survey has the brands’ corporate executives worried that consumers still don’t see enough value to justify the added costs of all the equipment necessary in hybrids and electric vehicles.
Resultantly, Fiat and Chrysler will rely on making more fuel efficient gas and diesel engines. As of now, Fiat only has one EV available, the Fiat 500e, sold in California only.
- By: Chris Chin