Stellantis is the new company formed by merging Fiat Chrysler Automobiles and PSA Group, consisting of 14 brands The company is accelerating its plans and upping its spending on its electric vehicles, platforms, technology, batteries, and plants so that it can be a major player in the space around roughly the same timeline as competing automakers.
The automaker expects to have 55 electrified vehicles for sale in the United States and Europe by 2025. By 2030, battery-electric and plug-in hybrid vehicles will account for more than 40 percent of sales in North America and 70 percent in Europe. Eventually, China will also have a strong EV lineup.
Engineers have developed four dedicated EV platforms: STLA Small, STLA Medium, STLA Large and STLA Frame to ensure the full gamut of vehicle types, sizes, and shapes, are offered as EVs, from subcompact Fiats to body-on-frame Ram trucks and commercial vans—a lucrative segment where Stellantis aims to beat Ford as the global leader.
Read the article at Motor Trend.