On Thursday, the London-headquartered Italian-American carmaker Fiat Chrysler Automobile NV’s premium brand Maserati Chief Executive said in a statement that the FCA unit had been brewing off an option to a full-fledged shift towards electric vehicles over the next five years, while the Maserati CEO also added that the company was looking to create a production line of both hybrid and full-electric vehicles, bolstering FCA’s presence in a highly clogged electric vehicle market ahead of its slated €50 billion merger with the Peugeot-maker PSA.

In point of fact, speaking in a fashion web event organized by an Italian daily Milano Finanza, Maserati Chief Davide Grasso was quoted saying that the brand’s new SUV Grecale, scheduled to be released by next year, would be offered both in a hybrid and in a traditional combustion engine version.