Stellantis embraces small electric cars with a €25,000 Fiat Panda EV coming in 2024

In the realm of electric vehicles, there are a handful of small, affordable electric cars with practical range on the horizon. Stellantis is looking to add one more cheap, compact car to the steadily growing list, if a recent Bloomberg interview with Fiat's CEO, Olivier Francois, is any indication.

In the interview Francois emphasises a need for more affordable EVs, although Fiat does offer some of the only small EVs on the market — the delightfully-retro Fiat 500e and 600e, both of which are rather expensive, given what they offer. The new electric Fiat Panda — which isn't actually its confirmed name, even if it will be a Panda-inspired hatchback — will supposedly break the pattern of expensive small cars with its €25,000 (~US$27,454) starting price.

At the time of writing, most buyers' best option for a small, practical EV is something like the Fiat 500e in Europe, or the Hyundai Ioniq 5 in the US. That list looks set to grow substantially, though, with the imminent arrival of the updated Mini Cooper SE with 249 miles of range as well as a new Citroën e-C3.

That's not to say Stellantis is the only car company working on small cars. Fisker and Tesla both have some interesting plans in the works with the US$30,000 Fisker PEAR and the Tesla Model 2 — and its US$24,000 price tag — on the horizon. Renault is also hard at work on the Renault 5, which is a compact EV that will likely launch in 2024, as well.

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