Auto Car Magazine New Zealand is reporting that the new FIAT 500 will be all electric. FIAT reportedly loses about $10,000 on every new FIAT 500e they sell. The belief is that the cost of the technology is coming down enough to make this approach reasonable. Pictured above is the Concept Centoventi that according to FCA Chief Marketing Officer, Olivier François, is a preview of the all-new production Fiat 500e which is due sometime in 2020. FIAT claims that it will be rear wheel drive in a return to its original 500 roots. To our eyes the concept looks more like a second generation Innocenti MINI.
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