Stellantis Extends Fiat 500e Production Halt Amid Weak Electric Vehicle Demand

2024 FIAT (500e) RED. Credit: FIAT

Production of the all-electric Fiat 500e at Stellantis’ Mirafiori plant in Turin has been suspended since mid-September, and the halt will now be extended until early November due to weak demand for electric vehicles.

The automaker had initially planned for a four-week pause, ending on 11 October, but has now pushed the production shutdown until 1 November.

In a statement, Stellantis cited “the current lack of orders linked to the deep difficulties experienced in the European electric market by all producers, particularly the European ones.” The company faces a broader challenge as electric vehicle (EV) demand has slowed, compounded by the discontinuation of subsidies in key markets like Germany.

Stellantis CEO Carlos Tavares will address these issues during a meeting with Italian parliamentarians, where he is expected to outline the company’s automotive production strategy in Italy. “The complex international and European situation of the automotive sector requires rapid responses,” the company said.

Despite the production delays, Stellantis confirmed it would move forward with a €100 million investment in the Fiat 500e, which will feature a high-performance battery. Additionally, production of the new Fiat 500 Hybrid is set to begin in 2026.

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