Stellantis unveiled “Dare Forward 2030”, its strategic plan for the coming decade.
Key points
Targeting global battery-electric vehicle sales of 5 million units in 2030
100% BEV sales in Europe, 50% in the US by 2030
13 new BEVs to market during 2022 and 2023
Jeep and Maserati to launch BEVs variants 2023.
Carbon net-zero by 2038.
CEO Carlos Tavares said that the company is targeting global battery-electric vehicle sales of 5 million units in 2030, reaching 100% of passenger car BEV sales mix in Europe and 50% of passenger cars and light-duty trucks in the United States.
Stellantis plans to have more than 75 BEVs, including the Jeep brand’s first 100% battery-electric SUV launching in early 2023, followed by the Ram ProMaster BEV later in 2023 and the Ram 1500 BEV pickup truck in 2024.
For the US, Stellantis is planning a specific product offensive of more than 25 all-new BEVs.
Stellantis will increase planned battery capacity by 140 gigawatt-hours (GWh) to approximately 400 GWh. The company also plans to expand hydrogen fuel cell technology to large vans in 2024 with the first US offering in 2025; further expansion to heavy-duty trucks will come.
The company also plans a 50% carbon emissions reduction by 2030, compared with 2021 metrics, on the way to carbon net-zero by 2038.
On the financial side, Stellantis says it will manage the transition period toward electrification while delivering double-digit Adjusted Operating Income (AOI) margins and maximizing shareholder value.
Net Revenues are to double to €300 billion by 2030 while sustaining double-digit AOI margin through the entire plan period.
And finally, whilst 2030 is a few years off, below shows the companies updated electrified vehicle product roadmap for 2022 / 2023, albeit just for Europe and the US at this point.
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