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(VIDEO) Fiat Launches Tiny $15,000 Electric Topolino in US as Low-Speed Vehicle Option

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DETROIT — Fiat has begun taking U.S. orders for the Topolino, a compact electric two-seater priced at $13,995 before a mandatory $990 destination fee, bringing the starting out-the-door figure to $14,985 before taxes. The vehicle is currently restricted to private property but is positioned to become street-legal later this year with a free conversion kit.

The Topolino measures roughly 8 feet 3 inches long, about the size of a full-size pickup truck bed, and weighs just over 1,070 pounds. It is powered by a single 8-horsepower electric motor and a lithium-ion battery of approximately 5 to 5.4 kilowatt-hours that Fiat rates for up to 46 miles of range. A full charge from a standard household outlet takes about five hours. There is no DC fast-charging capability.

In its initial configuration the top speed is limited to 19 mph. That restriction keeps the vehicle outside the federal definition of a Low-Speed Vehicle, which requires a maximum speed between 20 and 25 mph. As a result, early U.S. examples are approved only for private roads, gated communities, resorts, country clubs, beach towns and similar controlled environments.

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Fiat plans to offer a free conversion kit by the end of summer or early fall 2026. The kit raises the governed top speed to 25 mph and adds a rearview mirror, backup camera and pedestrian-alert system. Once installed, the Topolino qualifies as a federally recognized Low-Speed Vehicle that can operate on public roads posted at 35 mph or lower in most states. Highways remain off-limits by design. The company has said it will absorb both the parts and dealer installation costs so owners incur no additional expense.

Two body styles are offered at the same price: a hardtop with a panoramic sunroof and the open-air Dolce Vita version that features rope-style door openings. At launch the U.S. market receives limited color choices, with Verde Vita green prominent among available options. Standard equipment includes LED lighting, seat belts and side mirrors.

The Topolino shares its fundamental platform, motor and battery architecture with the Citroën Ami and Opel Rocks Electric, both produced at the same Stellantis plant in Morocco. The Ami has been on sale in Europe since 2020, with more than 75,000 units delivered across the related models. In several European markets these vehicles are classified as quadricycles and can be driven by younger operators under simplified licensing rules. U.S. regulations do not provide an equivalent pathway; a full driver’s license remains required once the Low-Speed Vehicle conversion is completed.

Fiat brand chief Olivier Francois described the model as bringing “a feeling, a lifestyle, a reminder that mobility can be joyful, expressive and beautifully simple.” Company statements also position the Topolino as a new chapter for the brand in the United States, defined by purpose as much as by size.

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Fiat’s overall U.S. volume has declined sharply over the past decade, falling from nearly 44,000 vehicles in 2012 to roughly 1,300 units in the most recent full year reported. The Topolino represents the brand’s first dedicated entry into the American micromobility segment. Initial shipments are limited; one company executive indicated the first batch numbered around 300 units as Stellantis tests market response before considering higher volumes.

Buyers place a $2,500 deposit through Fiat’s website or select dealers. Deliveries are expected to begin in the coming months. The vehicle is marketed for short, low-speed trips rather than as a primary household car. Reviewers who have driven European versions often praise its charm, ease of parking and practicality in dense urban settings, while noting that at nearly $15,000 it functions more as a stylish lifestyle accessory or secondary vehicle than as a direct substitute for a conventional automobile.

The Low-Speed Vehicle category itself is already established in the United States through golf carts and similar neighborhood electric vehicles. Federal rules for the class waive many passenger-car crash standards and airbag requirements while imposing the 20-to-25 mph speed band and basic lighting, signaling and visibility equipment. Once converted, the Topolino will operate under those same constraints.

Whether the combination of retro Italian styling, low purchase price and eventual street-legal capability generates meaningful sales remains an open question. The vehicle undercuts the cheapest new conventional cars by more than $2,000 and costs less than many high-end bicycles, yet its restricted performance and limited range confine it to specialized use cases. Fiat appears to be treating the launch as an experiment in how far American buyers are willing to go toward smaller, slower forms of personal mobility.

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For now the Topolino is available to order as a private-property vehicle with a clear pathway to limited public-road use later this year. Its arrival adds a distinctive, ultra-compact electric option at the bottom of the new-vehicle price ladder while testing consumer appetite for micromobility solutions that sit between traditional cars and golf carts.

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Students concerned about their future in Guernsey

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Dr Nicola Brink is wearing a pink jacket as she sits in a room and smiling directly at the camera. She has pale blonde hair and glasses.

In the report some young people raised their concerns about education and said they were unhappy about a lack of teachers for specific subjects, a high turnover of teachers and the poor state of some of the school buildings.

Some of the students also said they did not feel that the government listened to their concerns and they felt they had a lack of influence over decision-making.

Brink said: “They have also told us that they do not always feel heard.

“Listening is important, but listening alone is not enough, we must also act on what they are telling us.”

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She said they were the “next generation of our workforce and community leaders” and their voices should be central to decisions about the island’s future.

The Medical Officer Health Report said: “This sense of limited agency may contribute to disengagement and reduced well-being, while also shaping expectations about the future.”

Follow BBC Guernsey on X, external and Facebook, external and Instagram, external. Send your story ideas to channel.islands@bbc.co.uk, external.

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Formycon reports higher H1 revenue, narrows EBITDA loss

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Formycon reports higher H1 revenue, narrows EBITDA loss

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Merchants Bankcorp: Record Asset Base In Q2 2026

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Merchants Bankcorp: Record Asset Base In Q2 2026

Merchants Bankcorp: Record Asset Base In Q2 2026

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SPY ETF: This Bull Call Spread Is One Option For Wary Bulls

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SPY ETF: This Bull Call Spread Is One Option For Wary Bulls

The S&P 500 broke out once again, closing at an all-time high on Friday. While the momentum is clearly bullish, numerous concerning signs are building: a possible bubble in artificial intelligence stocks, sticky inflation and simmering geopolitical tensions. With leverage currently at an all-time high, entering new positions this late in a bull market can be risky. Option spreads offer…

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Meta, TikTok lose bid to dismiss thousands of social media addiction lawsuits

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Meta lobbies lawmakers for immunity from child harm lawsuits: report

A federal appeals court refused to dismiss thousands of lawsuits against Meta, Google, TikTok and Snapchat, allowing complaints alleging the platforms were designed to be addictive to young users to move forward.

The Ninth U.S. Circuit Court of Appeals rejected an appeal by Meta and TikTok attempting to overturn a lower court ruling requiring the firms to face more than 3,000 lawsuits filed in federal court, ruling the companies appealed too early.

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The social media companies claimed that Section 230 of the Communications Decency Act of 1996 — which generally shields online platforms from being liable for content posted by their users — also prohibits lawsuits on allegations they failed to warn the public about the addictive design of their platforms.

Section 230 has largely protected several companies from lawsuits regarding content posted on their platforms.

NEW MEXICO COURT ORDERS META TO PAY $567M, OVERHAUL TEEN PROTECTIONS ON FACEBOOK AND INSTAGRAM

Teenager on Instagram

A U.S. appeals court refused to dismiss thousands of lawsuits against Meta, Google, TikTok and Snapchat. (Getty Images / Getty Images)

Most appeals come after a case has reached a ruling or a verdict, but the companies claimed that they should not have to wait until the litigation wraps up to challenge the lower court’s rejection of their immunity defense.

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However, the court ruled the companies cannot use Section 230 to dismiss lawsuits, saying it can only be used as a liability defense against claims, meaning the appeal was premature.

The statute “merely provides a defense to liability — not immunity from suit,” Judge Jacqueline Nguyen wrote.

The court’s decision clears the way for lawsuits alleging social media companies designed platforms to encourage addictive behavior, failed to verify users’ ages and did not adequately block harmful content.

Meta

The Ninth U.S. Circuit Court of Appeals ruled Meta and TikTok appealed too early. ((Photo Illustration by Onur Dogman/SOPA Images/LightRocket via Getty Images) / Getty Images)

The panel also denied Meta’s attempt to postpone a trial set to begin on Wednesday in a lawsuit brought by 29 state attorneys general accusing the company of illegally collecting and using children’s data, designing its social media platforms to addict young users and misleading consumers about child safety on the platforms.

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The company had claimed that the trial could not move forward while the appeal was pending.

Fox Business reached out to Meta and TikTok for comment.

Attorneys representing thousands of school districts and people suing Meta and other tech firms in federal court, said in a statement the ruling would allow the states’ trial to move forward, as well as a trial over claims brought by school districts set for February.

FOUR STATES SEEKING $1.4 TRILLION IN PENALTIES IN CHILD SOCIAL MEDIA ADDICTION TRIAL, META SAYS

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Section 230 “merely provides a defense to liability — not immunity from suit,” Judge Jacqueline Nguyen wrote. (AaronP/Bauer-Griffin/GC Images / Getty Images)

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“A trial is how the public finds out what Meta knew about its products’ impact on children, when it knew it, and what it chose to do with that knowledge,” the attorneys said. “Meta has fought to keep that evidence from the public.”

This comes after a New Mexico judge last week found Meta had created a public nuisance in the state, ordering it to pay $567 million into a teenage mental health fund and adopt youth-safety measures.

In March, a jury in California ruled against Meta and Google’s YouTube, while a jury in New Mexico ruled against Meta on child safety risks.

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Reuters contributed to this report.

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Twilio Stock Vaults 25% On Earnings, Hits High; Two More Stocks On Watch

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Twilio Stock Vaults 25% On Earnings, Hits High; Two More Stocks On Watch

Tracking stocks that are outperforming others is a powerful way of finding leaders. When that outperformance hits a high, their relative strength score spikes. Investor’s Business Daily’s stock screener for stocks with their relative strength at new highs shows three names near buy zones. Acadian Asset Management (AAMI) is hovering just above buy range from a cup-with-handle base that has…

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Elizabeth Smart Says Nancy Guthrie ‘Could Absolutely Still Be Alive’ Six Months After She Vanished

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Nancy Guthrie

Kidnapping survivor and advocate Elizabeth Smart says she believes Nancy Guthrie, the 84-year-old mother of “Today” show co-anchor Savannah Guthrie, could still be found alive, offering a message of continued hope more than six months into one of the country’s most closely watched missing-person investigations.

Nancy Guthrie was last seen at her home in Tucson, Arizona’s Catalina Foothills neighborhood on the night of January 31, and was reported missing the following day. Doorbell camera footage from her home captured images of a masked individual, whom investigators and the public have since referred to as “Porch Guy,” though no suspect has been publicly identified and the case remains unsolved. The Pima County Sheriff’s Department has said the investigation remains active, with federal agents continuing to search areas around Guthrie’s neighborhood in the months since her disappearance.

Smart, who survived a nine-month abduction as a 14-year-old in 2002, has repeatedly weighed in on the case in the months since Guthrie went missing, offering a perspective shaped by her own experience being held captive before her eventual rescue. “She could absolutely still be alive,” Smart said, according to RadarOnline, reiterating a message she has delivered in multiple interviews since the spring.

Smart has consistently pointed to other missing-person cases in which victims were recovered alive after periods far longer than her own captivity. In earlier remarks to CNN’s Erin Burnett, Smart said cases exist that “span many more years than mine does,” adding that people have returned alive after being missing for years. She has said that while a darker outcome remains possible, investigators and the public should continue searching until there is definitive information either way.

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Central to Smart’s reasoning is the fact that no remains have been found in Guthrie’s case. “I want to remind people that there isn’t a body,” Smart has said, arguing that the absence of that evidence leaves open the possibility that Guthrie remains alive somewhere and has not yet been located.

At the same time, Smart has been careful not to overstate her own certainty about the specifics of the investigation. “I would remind people that we don’t know all the details,” she said, adding that she hopes investigators possess more information than has been made public and that meaningful progress is being made behind the scenes.

Smart’s message has taken on renewed weight as the case has moved well past the point at which many missing-person investigations are typically resolved. Law enforcement officials have historically noted that survival odds in abduction cases tend to drop sharply within the first 24 to 48 hours if a victim is not located, a grim statistical reality Smart has acknowledged publicly even as she has pushed back against treating it as a foregone conclusion in Guthrie’s case, citing her own survival as evidence that early statistics do not always determine a case’s outcome.

Guthrie’s family has continued to make public appeals throughout the investigation. On August 1, marking six months since her mother’s disappearance, Savannah Guthrie shared an emotional message describing the toll the uncertainty has taken on the family. “This is our beautiful mom,” Guthrie wrote, describing how someone had taken her mother “out of her bed in the dead of night” six months earlier. She wrote that the family had lived “every moment, every breath, and every heartbeat in agony and despair” since that night, adding a pledge that the family would “never stop looking for answers” or “looking for the light.”

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The Guthrie family has also offered a reward, reported at $1 million, for information leading to Nancy’s safe return or a resolution of the case. Savannah Guthrie has made repeated public pleas since her mother’s disappearance, including appeals directed specifically at whoever may be responsible, urging them to reveal her mother’s location.

The investigation has produced several developments in recent months without resulting in a publicly announced breakthrough. Investigators have reviewed extensive surveillance footage from the area surrounding Guthrie’s home, continued soliciting tips from the public, and revisited physical locations near the property multiple times as the case has progressed. In late July, the Pima County Sheriff’s Department released two ransom notes tied to the case, asking the public for help identifying the writing style, though at least one forensic psychologist has since publicly questioned whether the notes are genuine.

Smart, who has built a career as an advocate for kidnapping survivors and missing people since her own rescue in March 2003, has also used her public platform to appeal directly to anyone who might have relevant information, however small it might seem. She has urged people to report any detail, no matter how insignificant it might appear, saying such information could ultimately make a meaningful difference in locating Guthrie. Smart has also asked the public to extend patience and compassion to the Guthrie family as the investigation continues without resolution.

With the case now well past its six-month mark and no suspect publicly named, Smart’s message has continued to resonate with those following the investigation, offering a note of cautious optimism grounded in her own experience even as the underlying facts of Guthrie’s disappearance remain unresolved.

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ASEAN’s Rise as a Global Innovation Leader in the Intelligent Age

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Timor-Leste's Path to ASEAN Membership: A Hard-Won and Heartfelt Victory

ASEAN is transitioning from a follower to a global innovation leader. Despite global challenges, the bloc’s economy is booming, projected to be the world’s fourth-largest by 2030. Leveraging AI and digital trade, ASEAN is poised to address socio-economic issues and drive inclusive prosperity.

The region also champions climate action, facing environmental threats but exploring clean energy transitions aided by technology. ASEAN’s diplomatic approach, prioritizing unity and consensus, strengthens its role as a stabilizing force amidst geopolitical complexities. With strategic partnerships and forward-thinking policies, ASEAN aims to lead in the Intelligent Age, shaping a sustainable and prosperous future.

  • The Association of Southeast Asian Nations is transitioning from a fast follower to a global leader in innovation.
  • By leveraging economic influence and strategic partnerships, the bloc can solidify its role as a stabilizing force in the global arena.

Three years ago, while the world grappled with COVID-19, we highlighted the Association of Southeast Asian Nations’ (ASEAN) potential for post-pandemic inclusive growth and prosperity.

Today, the global landscape has shifted significantly with the challenges of geopolitical tensions, climate change, a widening digital divide and rapidly advancing artificial intelligence (AI). Yet, ASEAN’s resilience and promise remain steadfast.

ASEAN has consistently ranked among the top foreign direct investment recipients for three consecutive years and reached a record $230 billion in 2023, defying a global decline.

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Macroeconomic trends reveal ASEAN’s gross domestic product rose to $3.8 trillion in 2023 from $2.5 trillion in 2015, while regional trade increased from $2.3 trillion to $3.5 trillion over the same period. These gains have significantly elevated per capita income.

Poised to become the world’s fourth-largest economy by 2030, ASEAN leverages opportunities in the Intelligent Age, defined by AI, quantum computing and blockchain to transcend traditional growth models and foster inclusive prosperity.

However, success demands integrating digital, environmental, social and geopolitical intelligence. Given ASEAN’s trajectory, we argue that the region is uniquely positioned to lead and serve as a model for navigating this transformation.

Leading in AI-driven transformation

ASEAN’s progression into the Intelligent Age signifies a shift from its historical role as a fast follower to that of a global leader in innovation. AI and other advanced technologies give it a unique opportunity to design and implement tailored solutions that address its distinct socio-economic challenges.

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Digital trade, encompassing e-commerce, digital services and data flows, is the engine of ASEAN’s economic growth. The region’s 460 million digital consumers and counting drive entrepreneurship, job creation and business opportunities.

The e-Conomy SEA 2024 report by Google, Temasek, and Bain & Company highlights ASEAN’s digital economy achieving profitability, growing from $4 billion in 2022 to $11 billion in 2024.

This rapid growth reflects ASEAN’s adaptability and capacity to turn innovation into tangible economic gains, with sectors like e-commerce, mobile gaming, and generative AI reshaping its economy.

ASEAN’s digital economy is vital to its future but it requires responsible governance and forward-thinking policies for sustainable, inclusive growth.

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RXO, Inc. (RXO) Presents at Deutsche Bank’s Chicago Industrials Summit Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript