Stellantis CEO Carlos Tavares says that 96% of vehicles from Jeep, Ram, Dodge, Chrysler, and other brands under the Stellantis umbrella will offer EVs by 2025. That is in stark contrast to its current slow launch out of the electrification gate. And by 2030 it will offer an all-electric version of every model. Tavares calls it the “No. 1 challenge of the automotive industry.”
EVs of Stellantis brands are non-existent
But across all lines, Stellantis has been delinquent in offering zero-emission technology to meet increasing demand and government regulations. But Tavares says in 2021 he expects Stellantis to sell more than 400,000 EVs worldwide. There will be 10 new electric vehicles of some configuration making 39 models available in total.
While that gets Stellantis closer to what its competition offers it has been slow to embrace electrification. It currently offers a plug-in hybrid Chrysler Pacifica minivan and Jeep Wrangler 4xe plug-in hybrid. That’s it. The Jeep Grand Cherokee will offer some form of electrification by the end of this year. But plug-in hybrids are not all-electric versions of its models.
Stellantis is working on four new platforms by 2024
Stellantis is working on four new platforms and plans on migrating into each of the brands by 2024. It says the platform offers a range above 300 miles between charges. That includes three for passenger cars and one that will be for large SUVs. But even that flies in the face of the industry trend away from cars.
Tavares says these car EVs won’t see production until 2023. Then, a small car platform will follow in 2026 with over 300 miles of range. “Those platforms are sized to deliver no less than the numbers we have just mentioned, which will address what we call the range anxiety issue of electric vehicles,” Tavares told The Detroit News. “I think this is quite a breakthrough.”
A third of the development money that will be shoveled into EV platform development comes from the consolidation savings. Tavares says that it can divert almost $6 billion into EV development coming directly from merger savings completed earlier this year. It already has joint ventures for the production of battery cells and modules, electric motors, and hybrid transmissions.
Stellantis has so far not indicated when it will go all-EV
But as a comparison, GM said it expects its full lineup of vehicles to be entirely electric by 2030. Tavares, at least so far, has not indicated when Stellantis will meet that goal. And Stellantis has not indicated where and when it will begin building a battery plant in the US. It does have a battery plant in Douvrin, France, and in Kaiserslautern, Germany, by 2025.
“Not only do we want to fast forward on this electrification transformation because we believe that our purpose is to deliver a safe, clean and affordable mobility to the citizens of the communities in which we operate,” Tavares said. “We are not only now going to accelerate, but we are going to do this in an efficient way that is not wasting the resources of the company.”