Stellantis will extend the suspension of production of its Fiat 500 electric city car until Nov. 1 due to poor demand, the automaker said on Tuesday. The car is made at Stellantis' historic Mirafiori plant in Turin,

Stellantis isn't giving up on the 500e, and is investing $111 million in developing a new high-performance battery

A halt to production of the electric Fiat 500 has been extended through this month amid weak demand across Europe for electric vehicles (EVs).

Stellantis brand Fiat has extended the production suspension of its electric 500e into November due to weaker than expected orders amid rising concerns over soft demand for BEVs in Europe. The brand had previously said production of the model had been stopped for four weeks until October 11.

Stellantis' chief Carlos Tavares will address an Italian parliamentary committee next week on the prospects for the carmaker's production in Italy, the company said on Tuesday, after it warned about poor demand for electric vehicles.

Stellantis, Fiat's parent company, slowed production operations at the Mirafiori plant in Turin, Italy in February noting it was a response to weak market demand for the electric Fiat 500e. The slowdown was set to have the plant operating at a single reduced eight-hour shift schedule. Previously the plant was running two shifts.

Despite the temporary production halt in output, Stellantis reiterated plans to invest $111 million to build a high-performance battery variant of the Fiat 500e.

Stellantis N.V. ($FR:STLAP) ($STLA) announced that it will continue to halt the production of electric Fiat 500 amid weak demand for EVs (electric