Since Fiat recently unveiled its Grande Panda, the company is now expected to launch its price starting at under 25,000 euros ($28,500) as part of its 125th-anniversary celebration.

In detail, Olivier Francois, Fiat’s CEO, expressed the Grande Panda’s 25,000 euros price range at an event saying, “Affordability is never optional on a Fiat.” As for specs, it is powered by a 44 kWh battery and 83 kW electric motor, delivering an estimated range of over 195 miles (320 km), suitable for city use and weekend trips.

Furthermore, FIat’s Grande Panda will be vailable in seven colors with the interior possessing a 10-inch cluster and a 10.25-inch digital radio, with styling reminiscent of Fiat’s historic Lingotto plant in Turin.

Read More: Fiat Unleashes Funky and Retro New Grande Panda EV for Global Markets

With the Grande Panda’s design pays homage to the iconic 1980s Panda, featuring 3D-branded low-relief letters on the doors and a modern interpretation of classic elements, it is also the first of four models based on Stellantis’ Smart Car platform underpins the company’s strategy to launch 13 lower-cost models across its brands by 2026.

With its competitive pricing and retro-modern design, the Fiat Grande Panda will certainly stand out in the global EV market with the company having more models planned to come for its future lineup including a fastback and SUV. As of now, production of the Grande Panda will take place at Stellantis’ plant in Kragujevac, Serbia, set to start in the second half of July.

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