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Stellantis accelerates its electrification

2021-04-15T16:32:00.948Z

The new group which brings together PSA and Fiat Chrysler will achieve 70% of its sales with electrified vehicles in 2030.



Carlos Tavares, CEO of the new Stellantis group (PSA and FCA), set the pace for technological change by 2030. “

Electrification is the number one challenge for the entire automotive industry in the world,

 ”he recalled at the general meeting of shareholders on Thursday.

The former PSA boss said by 2025 98% of the lineup will offer an electrified model in Europe and 96% in the United States.

As of that date, 38% of Stellantis' total sales will relate to electric and plug-in hybrid vehicles.

Their share will rise to 70% by 2030 on the Old Continent, against 14% currently.

In the United States, the transition will be slower but it starts from a long way off.

While the share of electrified vehicles is 4% in 2021, it should reach 31% in 2025 and 35% in 2030.

Stellantis is wasting no time.

From 2021, the group plans to triple its sales of electric and plug-in hybrid vehicles.

Autonomy of 500 to 800 kilometers

To achieve this, the group will deploy from 2023 four new industrial platforms dedicated to electricity.

Called Stella, three will be dedicated to passenger cars in segments A to E, and one to large SUVs and pick-ups.

These industrial platforms will allow autonomy ranging from 500 to 800 kilometers depending on the model.

Carlos Tavares recalled the group's “philosophy” to guarantee the costs, quality and performance of critical components.

A series of joint ventures based in France and Germany will manufacture battery cells, battery systems, motors, etc. The manufacturer is in particular allied with Total-Saft in ACC, which is to build a factory in Douvrin in the North and another in Germany.

Stellantis will soon decide on other factories of this type in Europe and the United States to ensure this industrial independence.

All manufacturers are currently engaged in an electric race.

Source: lefigaro

All business articles on 2021-04-15

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