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Fiat Chrysler prepares to produce plug-in hybrid Jeep Renegade

MILAN (Reuters) – Fiat Chrysler (FCA) said on Monday it had kicked-off preparations for the production of a plug-in hybrid version of the Jeep Renegade as the carmaker pushes ahead with its electrification drive to meet tougher emissions rules.

The world’s seventh-largest carmaker said in June it would invest 9 billion euros ($10.3 billion) in electric and hybrid cars over the next five years to become fully compliant with emissions regulations across regions.

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