TLG 10.2% 57.5¢ talga group ltd

TLG - Media, page-15227

  1. 1,345 Posts.
    lightbulb Created with Sketch. 167
    Fiat 500e To Get Surprise Mild Hybrid Engine Because Of EV Slowdown

    2024-03-20

    Excerpt:
    Current old-style ICE 500 goes off sale this summer but ICE-converted 500e won’t be ready for almost two years, report says”

    "Fiat has chosen not to spend the money needed to make the old 500 meet Europe’s latest safety and cybersecurity rules, opting instead to put that cash into bringing the Panda – now renamed Pandina to make way for the upcoming Panda EV – up to scratch instead. But sales of the electric 500e haven’t grown as expected and the entire EV market is experiencing a slowdown. Auto News quotes Data Force figures revealing that Fiat sold over 104,000 ICE-powered 500s in Europe last year, but only 62,000 of the newer electric version.”

    https://www.carscoops.com/2024/03/fiat-to-fit-mild-hybrid-engine-into-the-500e-because-of-ev-slowdown/

    Kind regards,
 
watchlist Created with Sketch. Add TLG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.