In order to compete with other automakers and garner a larger slice of the EV market, Stellantis shared that it is developing a second, lower-priced EV inspired by the Panda from its sub-brand Fiat. The new Fiat EV is expected to arrive priced below €25,000.
Today’s news is one of several strategies multinational automotive corporation Stellantis is enacting to not only stay relevant in an industry accelerating toward electrification, but excel in it. Criticized by some as laggards to EVs, Stellantis has been making moves lately to truly compete globally.
In the last few months alone, Stellantis has formed a joint venture with Foxconn to produce EV semiconductors, revealed a new EV platform for global EV brands like Jeep, and green-lit plans for a second EV battery manufacturing facility in the US alongside Samsung SDI.
The automaker was also one of seven in the recently announced alliance to deliver a universal EV charging network to North America. As Stellantis advances its offensive in the US on the wings of marques like Ram and Fiat, it is also targeting a potentially fruitful market in Europe in which consumers are seeking smaller, more affordable EV options.
It may take a year or two, but Stellantis says it will introduce a new, affordably priced Fiat EV to Europe to compete with automakers already promising similar options.
The Renault Dacia Spring Electric – one of the EVs Fiat is looking to compete against in Europe / Credit: Renault
New Fiat EV will compete with Renault, BYD in EU to begin
According to Bloomberg, Stellantis intends to introduce a second economically priced EV to its lineup under the Fiat brand one year from now. According to Fiat CEO Olivier Francois, the new EV will be priced under €25,000 ($27,500) and will take design cues from the Panda seen in the featured image above.
Francois also stated that the incoming Fiat EV will challenge Renault’s Dacia Spring (seen above). Another target could be the growing number of BYD EVs in Europe like the Atto 3. If and when it does arrive, the new Fiat EV will join the e-C3 from fellow Stellantis sub-brand Citroen as the second EV model priced below the €25K benchmark.
The e-C3 is also intended to compete against the electric Dacia Spring in the EU, but should begin sales at least six months before the new Fiat is even unveiled. Given that both Fiat and Citroen exist under the Stellantis umbrella, it’s safe to say that the two affordably priced EVs will share some DNA. Fiat’s CEO said as much in a recent interview, stating, “It’s very likely that there will be synergies.”
No word yet on if the US market will see the new Panda-inspired EV – Fiat’s immediate focus across the pond is the return of the 500e, while Stellantis continues to introduce larger electric models under the Ram and Jeep marques.
Fiat may not be the most prominent brand in the US, but a compact $27,500 EV could certainly garner some looks from American consumers if the range is reasonable. We will have to see what it looks like next summer and how it fares in a competitive market in Europe that gravitates more toward smaller vehicles.
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Electric Bike Co. extends Labor Day flash sale on BMX Model C and Model J e-bikes at best prices of the year for $1,499
Electric Bike Co. has extended its Labor Day Flash Sale that includes the Model J e-bike at $1,499 shipped, after using the promo code LABOR150 at checkout, which we first spotted getting a discount on the holiday, and now includes the Model C e-bike for $1,499 shipped, after also using the promo code LABOR150 at checkout. The latter of these two commuters goes for $1,899 at full price, which we’ve only seen fall as low as $1,599 in past years, while keeping above $1,649 in 2025. You’re looking at a combined $400 markdown that lands the cost $100 under the previous low that last popped up in early 2024, giving folks a short-term window at the best new price that we have tracked. You’ll also be getting a free bell and 3X PowerBoost Smart SuperCharger ($321 value) thrown in for $721 in total savings.
Originally based on the now-discontinued Model A series, this Model C e-bike from Electric Bike Co. arrives sporting custom BMX-style handlebars alongside the revamped (and still classic) beach cruiser design. It brings along a 500W rear hub motor that may be limited to a 750W peak depending on where you live, with it otherwise able to peak at 1,250W – plus, there’s the 14Ah battery that powers everything and delivers up to 60 miles of pedal-assisted travel at up to 20 MPH speeds (or unlocked 28 MPH speeds, once again depending on your local laws).
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Of course, you can expect other solid features coming along for the ride too, including the puncture-resistant tires, the 4-piston hydraulic disc brakes, integrated front and rear LED lighting, a rear cargo rack, a throttle for pure electric riding, an LCD color screen for setting adjustments, as well as a USB port to charge up your phone or other devices, and more.
Just remember, whether you want to pick up Electric Bike Co.’s Model J e-bike or the Model C e-bike during this flash sale, just be sure to use the promo code LABOR150 at checkout to score the maximum savings.
Exclusive: Anker’s refurb SOLIX C1000X 1,056Wh power station at $377 (Reg. up to $799 new)
We secured an exclusive deal from Welbots that gives our readers a refurbished Anker SOLIX C1000X Portable Power Station for $377.10 shipped, after using the exclusive code 9TO5ANK10 at checkout. Normally the site would charge you $479 for this unit at full price, which we’re seeing start off with a cut to $419, which isn’t too much under the $429 all-time low on a new model we last saw in February. You’ll not only be saving a total of $102 here, but you’ll be getting this at the best price we can find anywhere. What’s more, Wellbots is promising a 2-year warranty along with your purchase, with it being shipped in a “pristine” condition.
Heybike has switched over to its End of Summer Sale event that is seeing up to $649 in savings across a condensed e-bike list, with many of them also receiving free bundled gear too. Among the offers, we’re seeing a second-time chance at Heybike’s Mars 2.0 Folding Fat-Tire e-bike coming with an extra battery for double the mileage at $1,199 shipped, with the option to forgo the bundle and get the standard e-bike’s package with a front and rear basket starting from $999 shipped. Normally, this twice-offered bundle with the battery would cost $1,848 without any savings, which we first saw pop up two weeks ago in the early days of the brand’s Labor Day Sale. It’s coming back around here, likely in an ongoing response to the release of the new upgraded Mars 3.0 e-bike, giving you $649 in total savings at the lowest price we have tracked. Head below for more on this model and the others seeing discounts in this sale.
Add more vibrant color to flower beds with Govee’s Matter-ready Outdoor Garden Lights 2-pack at $150
By way of its official Amazon storefront, Govee is giving folks another chance at the second-best price on its new Outdoor Garden Lights Two-Pack back at $149.99 shipped, after clipping the on-page coupon, which once again beats out the direct website pricing by $10. This new device is still fresh onto the scene, having only been on the market since June and normally going for $200 at full price. The discounts in the time since have seen two previous falls to this same rate, while keeping higher at $177, $160, or more the rest of the time – with a single drop to the $140 low we only saw during July’s Prime Day event. You’re looking at the third-ever chance to pick up this two-pack at the second-best price we have tracked.
Make up to 100 cuts, even in tight spaces, with Worx’s 20V 5-inch mini cordless chainsaw at $90
Amazon is offering the Worx 20V 5-inch Mini Cordless Chainsaw at $90.33 shipped. It’s down from its $130 full price tag, which we’ve mostly seen dropping to $100 over the last few months, though costs have occasionally fallen lower to $89, $85, and the one-time $84 low that appeared during July’s Prime Day event. Things are down among its lowest rates right now, with the 31% markdown here cutting $40 off the going rate for the best price since Prime Day.
Navee GT3 Max Smart Electric Scooter (code SCHOOL15): $561 (Reg. $750)
Best new Green Deals landing this week
The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.
The world’s largest automaker, Toyota, just announced plans for another new electric vehicle. This one isn’t just another EV. It marks a new milestone for Toyota as it expands its lineup.
Toyota will build a new EV in Europe, its first
Toyota announced plans to build the new EV at its plant in the Czech Republic on Wednesday. It will be the first electric vehicle produced at one of Toyota’s European plants, marking the start of a new era.
To accommodate the new model, Toyota is investing about €680 million ($800 million) to expand the facility from 152,000 to 173,000 square meters. The upgrades will include a new paint and welding shop, in addition to a dedicated battery assembly facility.
The Czech government is providing up to €64 million ($75 million) in funding for a new dedicated EV battery assembly plant.
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Lukáš Vlček, Minister of Industry and Trade of the Czech Republic, said the initiative is “the result of a series of negotiations in both Europe and Japan” and will play a key role in the country’s transition to clean mobility.
Toyota Aygo X Hybrid (Source: Toyota)
Toyota currently builds the Aygo X and Yaris Hybrid at its Czech plant with an annual production capacity of around 220,000 vehicles.
Adding the new EV to the mix could boost output at the facility, Toyota said, which will lead to more jobs and a stronger supply chain.
From left to right: Toyota’s new C-HR+, bZ4X, and Urban Cruiser electric SUVs (Source: Toyota Europe)
Although Toyota is keeping most details secret for now, a Nikkei report claimed in July that, not one, but several EVs will be built at the facility.
Toyota’s Czech plant will become a “mega hub” for new EVs, starting with crossovers and SUVs. This year, Toyota is launching the updated bZ4X, Ch-R+, and Urban Cruiser.
From left to right: Toyota’s new C-HR+, bZ4X, and Urban Cruiser electric SUVs (Source: Toyota Europe)
In 2026, three more will follow. And that doesn’t include the three new Lexus EV models set to launch by the end of next year.
Although Toyota was the second best-selling brand in Europe in the first half of the year, behind Volkswagen, Chinese EV makers like BYD are starting to gain ground with lower-cost models.
By building electric vehicles, batteries, and other components locally, Toyota aims to stay competitive in Europe. Production at Toyota’s Czech plant is expected to start as early as 2028.
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The US residential solar market hit a bumpy patch in the first half of 2025, according to the newly released 21st EnergySage Intel: Solar & Storage Marketplace Report. The semiannual report digs into millions of data points from EnergySage.com, where homeowners shop for solar panels, inverters, and batteries. This edition also includes EnergySage’s annual Electrification Contractor Survey, fielded between January and March 2025.
After a strong 2024 that drove solar and storage prices to all-time lows, the first half of 2025 shows a mix of momentum and uncertainty. Homeowners are still eager to go solar, but shifting federal policies, tariffs, and tightening trade restrictions are creating headwinds for contractors and installers. The industry continues to expand, but this transition year may change how projects are financed, supplied, and built.
Solar prices stay low, battery costs rose modestly. Solar prices stayed at their record-low median of $2.48 per watt in the first half of 2025, unchanged from H2 2024. Installers absorbed financing pressures rather than raising prices before policy changes kicked in. Meanwhile, battery storage saw a 4% price increase as new tariffs on Chinese battery components took hold, the first bump after two years of declines.
Emily Walker, EnergySage’s director of insights, explained: “Although we expect changes to federal tariffs and trade policies to affect prices in the second half of 2025, the snapshot from the first half of the year shows us that, with the right public policy, solar is accessible to many homeowners now – and will continue to be in the future.”
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Financing shifts as third-party ownership gains ground. Loan rates climbed to a median of 7.5% in the first half of 2025. About 38% of contractors reported lower demand for loans, while nearly all (94%) said cash buyers held steady or increased. Because Trump’s big bill (OBBBA) protects tax credits for third-party ownership (TPO) systems longer than for purchased ones, TPO is expected to gain major ground in 2026.
Walker added, “Even as higher interest rates have made traditional loan financing less attractive, we’re seeing that demand for solar hasn’t gone away; it’s simply shifting. We expect attractive new financing models to emerge next year, which will keep residential solar adoption moving forward.”
Contractors are worried about challenges. An overwhelming 92% of contractors said losing the federal solar tax credit would hurt their business, and 70% expect negative impacts due to new equipment tariffs. Over a third already reported reduced profitability from higher interest rates. On top of that, 84% cited rising labor costs, and 79% said their business depends heavily on solar-related revenue. Many are now rethinking how to adapt for the post-tax credit era.
“Solar contractors across the country have voiced deep concern about what lies ahead for the industry,” Walker said. “With key incentives set to change, many are already rethinking their business models to adapt and remain competitive. The companies that find new ways to reach homeowners and offer value will be best positioned to weather this transition.”
The 30% federal solar tax credit is ending this year. If you’ve ever considered going solar, now’s the time to act. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
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