Yesterday, Stellantis held its “Annual General Meeting” releasing new information about the future of the company and its direction towards electrification. During the meeting, it was announced that the company will offer electrified versions of almost its entire European lineup by 2025. The decision comes as regulations are being tightened for Europe and the Chinese markets to push forward sooner with its plans for zero-emissions vehicles.
Stellantis CEO Carlos Tavares delivered the information about the company’s plans by moving forward with electrification stating “We believe our purpose is to deliver a safe, a clean, and affordable mobility to citizens of the communities in which we operate”.
Stellantis believes that company’s sales of plug-in hybrid electric vehicles (PHEVs) and battery-electric vehicles (BEVs) will triple in 2021. They estimate that they will sell over 400,000 units by the end of the year. According to Tavares, the new CEO expects that the company’s electrified vehicles sales will make up to 38% of its European sales by 2025. That is quite the jump from the 14% the automaker expects to sell with the 400,000 units this year. Tavares also said that electric vehicle should make up 70% of European sales and 35% of sales in the United States by 2030.
The company also announced its plans to use four BEV capable platforms across its 14 brand portfolio which includes Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, FIAT Professional, Jeep®, Lancia, Maserati, Opel, Peugeot, RAM, and Vauxhall brands. The new platforms are dubbed “small” for A/B/C segment vehicles and will debut in 2026, “medium” for C/D segment vehicles will debut in 2023, “large” for D/E segment vehicle will debut in 2023, and “frame” for the company’s body-on-frame E/F segment SUVs and pickups that will debut in mid-2024.
Stellantis says it will have electrified versions of every vehicle they sell in the United States by 2030.
While Stellantis didn’t discuss a lot of details about its electrification plan, it will hold a meeting in July to discuss those details more in-depth.