New automotive group Stellantis will offer electrified versions of nearly its entire European fleet by 2025 as the industry faces regulatory pressure in Europe and China to accelerate the shift to zero-emission cars.
Group CEO Carlos Tavares explained that the automaker expects electrified vehicle sales to triple to more than 400,000 units by 2021. It also expects similar results for plug-in hybrid cars.
“This is what we’re going to deliver to the market. Please recognize that we are now accelerating this electrification move, and please recognize that we are perfectly on time and ready to deliver on the limited emissions or zero emissions mobility expectations of the markets in which we operate,” Tavares said.
For Tavares in 2030, electric cars should represent 70 percent of European sales and 35 percent of sales in the United States, rising numbers for the estimates expected for 2025 (38 percent of European sales in electric ).
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“(In 2018) PSA believed wholeheartedly in electric cars because that’s what we’ve been asked to make,” he added.
Additionally, Tavares said the company tries to control more of the components that go into electric vehicles, from platforms to motors and batteries. The company has planned battery factories in Germany and France and will announce more about it later this year. The company will offer more information about its plans during Stellantis Electrification Day, scheduled for July 8.
Founded on January 21 by the merger of Fiat Chrysler Automobiles and PSA Group, Stellantis has 14 brands, including Jeep, Peugeot, Opel, Ram and Maserati, and like its peers, Stellantis is an Italian-French-American automobile group with based in the Netherlands.
Source: Detroit Free Press