FILE PHOTO: Fiat Chrysler ( Fiat ) is investing € ##500 m ( $ 56 m ) to build a battery assembly plant at its Mirafiori plant in Turin next year . Batteries produced in the facility will be used in the carmaker ’s new generation of electric cars . The new releases include a fully electric version of its flagship model , Maserati ’s first electric cars , and hybrid versions of Jeep ’s Compass and Ranger . The investment comes as part of an overall plan to spend € 5bn in Italy between 2019 and 2021 to help launch these electric and hybrid models , and to use the full capacity of its plants .
Fiat Chrysler ( Fiat ) is investing € ##500 m ( $ 56 m ) to build a battery assembly plant at its Mirafiori plant in Turin next year . Batteries produced in the facility will be used in the carmaker ’s new generation of electric cars . The new releases include a fully electric version of its flagship model , Maserati ’s first electric cars , and hybrid versions of Jeep ’s Compass and Ranger . The investment comes as part of an overall plan to spend € 5bn in Italy between 2019 and 2021 to help launch these electric and hybrid models , and to use the full capacity of its plants .