Notes from New AutoMotive

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Data, Hybrids, Consumers Jack Cooke Data, Hybrids, Consumers Jack Cooke

Is Fiat going fully electric? Not quite

From next month, Italian car manufacturer Fiat will only sell electric or hybrid cars in the UK. The move follows Fiat releasing its new 500X and Tipo Hybrid in February 2022. This milestone is a step towards a set of targets outlined by Stellantis, Fiat’s parent company, in its 2021 financial report. Stellantis stated aim is for Fiat’s European range to be fully electrified by 2027, and for all vehicles it sells globally to be electric by 2030. The UK government has said it wants to end sales of petrol and diesel cars by 2030, with hybrids phased out from 2035.

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Data, Predictions, Consumers Oleg Korolov Data, Predictions, Consumers Oleg Korolov

Just a fad

In a world where 51% of any given group is required to initiate change - we are still a long way away from EVs being the default perception of the automobile. With a current total market share of just 1.1% EV, is the “electric revolution” just a techy fad?

At New AutoMotive, we would like to reframe this narrative.

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