"By end-2021, out of all Fiat models offered, 60% will be electrified, better than the market average," Napolitano said in a recorded web presentation.

Fiat this year has launched the full-electric Nuova 500 small car, hybrid versions of its 500 and Panda models, along with hybrid Y, Lancia's only vehicle currently on offer.

More Fiat models are expected to be offered in hybrid versions in the future, including the 500X compact SUV and the Tipo sedan.

(Reporting by Giulio Piovaccari, editing by Giulia Segreti)