Big electric plans for Stellantis group brands
Four electric platforms will cover all brands
Stellantis has just announced its electric vehicle plans and the roadmap for the company over the coming years. That includes the usual more EVs and more low-emissions vehicles, but there are some interesting short-term surprises like a new cobalt-free cell, new slogans for every brand, and an electric muscle car coming from Dodge in 2024.
The automaker, and both FCA and PSA that came before it, seemed sluggish on electric, but sometimes it’s better to be slightly late than never. The automaker is planning to invest more than 30B euros in electrification and software in the next three and a half years targeting 70 percent of sales in Europe and 40 percent in the U.S. to be low-emission vehicles by 2030.
Four new platforms are expected, using a family of three scalable electric drive modules and standardized battery packs to cover all of its substantial volume of brands. Five new gigafactories will be built in Europe and North America with the company planning to source 130 GWh of battery capacity by 2025 and more than 260 by 2030. The latter figure is close to total global capacity right now.
The company has agreements in place to source lithium for the batteries from two different companies, calling this the most critical battery material. It also expects to launch a nickel cobalt-free battery chemistry in 2024 and have a solid-state battery for 2026.
Four platforms, Small, Medium, Large, and Frame will cover all of the automaker’s models, with ranges of 500 km, 700, 800, and 800 km respectively. Drive modules will acocmodate front, rear, AWD, and 4xe models. Stellantis says it is targeting best-in-class battery efficiency, a figure Tesla has long held and other automakers have not really approached.
Of course, what has our attention was the electric hot rod that was alluded to in the presentation. Dodge CEO Tim Kuniskis said “Dodge will not sell electric cars. Dodge will sell American muscle,” while the presentation showcased a very well hidden four-wheel burnout in a vehicle with a Charger-inspired light signature.
The Jeep Grand Cherokee 4xe was also shown for the first time, with Jeep planning fully electric models in all SUV segments by 2025