Fiat’s Sicilian Plant May Produce Electric Cars

Italian company Cimino & Associates Private Equity (Cape) wants to build electric cars at Fiat’s Sicilian plant. The company is saying that it needed a minimum investment of 65 million euros ($88.8 million) to start making electric cars at the Termini Imerese factory. Cape chairman Simone Cimino has already raised about €50m from investors, including […]