Chrysler to introduce electric 500

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Chrysler Group LLC announced yesterday it plans on offering an all-electric Fiat 500 to the U.S. market in two years.

The plans will see the electrical design work take place at the company’s Auburn Hills research centre. According to the automaker, the zero-emission 500EV will run on lithium-ion batteries.

Chrysler had previously announced its plans to introduce a traditional 500 in North America starting later this year. A concept of the electric unit debuted at the auto show in Detroit earlier this year.

At the Canadian International Auto Show in February, Chrysler Canada president Ried Bigland unveiled the 500 model set to hit Canadian dealerships later this year.