Stellantis to base ‘around’ seven models on a fifth, low-cost platform

Stellantis plans to base seven models on a fifth, low-cost platform, an executive for the automaker said on Tuesday, as it prepares to compete against an expected 'flood' of cheap Chinese electric (EV) cars into Europe. However the new Citroen e-C3 model Stellantis revealed on Tuesday is based on the so called "Smart Car" platform, derived from PSA's CMP platform, to help the carmaker sell affordable EV cars and face increasing offers of cheap Chinese-built EVs, including Renault's Dacia Spring. Presenting the e-C3, costing as little as 23,300 euros ($24,640), Stellantis head for the Smart Car platform Renaud Tourte said "around" seven new cars in the future should be based on it, which is mainly dedicated to EVs but can also be used to produce internal combustion engine versions.