Stellantis To Electrify All Of Its 14 Brands By 2030

The Stellantis Group has outlined its future road map towards electrification, the company will invest more than $30 billion in new electrification and software technology by the end of 2025. With this, the group has committed to offer EVs from all of its 14 brands and invest in five battery factories. Stellantis is targeting low-emissions vehicles (LEV) to account for more than 70 percent of its European sales and 40 percent of its US sales by 2030. Stellantis’ new investment will also be directed towards securing more than 130GWh of EV battery production capacity by 2025 and more than 260GWh by 2030, through five dedicated battery factories in Europe and North America. The firm has reached deals with two partners to secure a supply of lithium.The Stellantis group currently has 14 brands under its name – Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, and Vauxhall. Stellantis has released statements for all 14 of its brands to reflect the electrification approach of each. Opel – including Vauxhall in the UK – will become an electric-only brand in Europe by the end of 2028, in both passenger cars and commercial vehicles. Peugeot has also committed to accelerating its EV sales, and its line-up will be fully electrified by 2025. As has already been announced, Fiat will become electric-only by 2030 and will launch a new dedicated EV in 2024. Fiat’s performance brand, Abarth, will also go electric-only. Even American muscle car brand Dodge will have their first electric muscle car by 2024. Jeep has made a commitment to offering an EV powertrain on all of its models. American truck maker Ram will also launch electrified models of its popular pickups.