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 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, 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.

Production of the all-electric Fiat 500e at the Mirafiori plant near Turin has been on hold since 13 September. Now, parent company Stellantis has decided to shut down production lines for another few weeks.

A global decline in electric vehicle (EV) sales, partly due to inconsistent green incentive policies, has led automakers worldwide to revise their EV strategies.

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

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

Stellantis stock down 27.08% in past year, 40.17% year-to-date due to struggles in European electric vehicle market.