Just about every automaker is investing in electric mobility these days. Fiat is no exception as they have unveiled yet another electrically-assisted vehicle. Following the launch of the 500e, the Italian automaker has taken the mild-hybrid route with the Panda.

Dubbed the Panda Easy Hybrid, Fiat claims it's the most 'accessible' mild-hybrid anyone can buy today if you live in Europe that is. Still, at € 9,900, it's one of Europe's most affordable brand-new offerings out there plus it benefits from fuel-saving tech. To put that into perspective, € 9,900 is roughly about Php 562,000 when converted to local currency.

The Panda Easy Hybrid is powered by a new 1.0-liter, three-cylinder engine. It's good for 70 PS and 90 Nm of torque. That engine is then paired to a 3.6 kW BSG (Belt-integrated Starter Generator) electric system and 11 Ah lithium battery.

In stop and go traffic, the battery keeps the vehicle's electronics running while the engine is shut. The battery then draws charge from the brakes or through deceleration. As it is a mild-hybrid, it can't run solely on pure electric power.

According to Fiat, the mild-hybrid Panda emits 20% fewer emissions than the non-hybrid version. There are no official fuel consumption figures for the Panda Easy Hybrid just yet, but it's likely to be better than the standard 1.2-liter engine. As it stands, the four-cylinder 1.2-liter has a fuel economy rating of 14.2 kilometers per liter in the city, and 25 kilometers per liter on the highway.

It's unfortunate that there aren't many affordable hybrid options available in the country. If the Panda Easy Hybrid was offered here, it would have the potential to bring hybrid power to the masses. But until there's more incentive for automakers to introduce hybrid vehicles in the country, it seems likely that gas-electric vehicles might take a while to gain traction here.