Italian premium brand Alfa Romeo unveiled its first fully electric vehicle (EV), the Milano sport compact, on Wednesday, expanding its current range into a smaller-size segment.
Named after the northern Italian city of Milan, where Alfa Romeo was founded in 1910, the Milano EV is equipped with a 54 KWh battery, providing its basic version with a range of 410 kilometers, according to the Stellantis-owned carmaker.
The Milano EV is priced from 39,500 euros ($42,880), before government purchase incentives, and will also be available as a hybrid, starting at 29,900 euros. Orders are now open for the “Milano Speciale” launch edition, in both EV and hybrid versions.
Built on the modular CMP platform developed by Peugeot maker PSA before its merger with Fiat Chrysler, the Milano is being manufactured at the Stellantis Tychy plant in Poland, alongside other models including the Jeep Avenger and Fiat 600.
Alfa Romeo, under Stellantis, has undergone a turnaround process and started reshuffling its range in 2022 with the launch of the Tonale compact SUV. The company plans to introduce new versions of its Stelvio larger SUV in the second half of next year and its Giulia sport sedan in 2026. Alfa Romeo confirmed last month its aim to offer a 100% EV range of cars by 2027.
In 2021, Alfa Romeo sold over 50,000 cars in Europe, its largest market, a 52% increase from 2022, driven by the Tonale, which was also introduced as a plug-in hybrid in 2023.