Stellantis Intensifies Electrification
Stellantis Intensifies Electrification
Posted on November 4, 2021
One of the first automobiles that were ever produced was manufactured by Carl Benz back in 1886. Back then, his vehicle was just a three-wheeled buggy that was powered by a small gas-powered engine. Over the next century, the automobile evolved into something more practical and efficient. As the vehicles have evolved so too have the needs of the drivers that own them. Just a few decades ago, being able to quickly get from point A to point B was the only thing that most drivers wanted to get out of their vehicles. Today, however, drivers are more aware of how a vehicle's emissions can affect the planet and affect a person's health. For this reason, that many automotive companies have decided to start manufacturing more electric vehicles.
Stellantis' Ambitious Goal to Create more EV Vehicles
Stellantis is a multinational company that was founded in January of 2021. The company is the result of a collective merge between Fiat Chrysler Automobiles and the French PSA Groupe. The company now owns a total of 14 automotive brands including Dodge, Chrysler, Jeep, and Ram.
In order to keep up with the competition, Stellantis recently announced that it would be ramping up its efforts to create several new EV vehicles. It will still have a few plug-in hybrid vehicles, but going forward, the company wants to put most of its focus on creating battery-electric vehicles (BEVs).
An Expensive Plan
There are many other automotive companies that have been creating BEVs for some time. So, Stellantis is getting a late start. To compensate for its late arrival to the BEV game, the company has decided to spend a large amount of money in order to speed up production. The automotive giant has decided to spend around €30 billion (the equivalent of around $36 billion in Canada) on building plants, creating technology, getting batteries, and manufacturing electric vehicles. Thanks to its new spending budget, the company will be able to boost production and release new EVs in the same timeframe as its competitors.
How Many BEVs Does the Company Plan to Manufacture?
Stellantis hopes to have the majority of its vehicles electrified over the next five years. In fact, by 2025, the company hopes to have at least 98 percent of its new vehicles be BEVs.
From muscle cars to heavy-duty trucks, Stellantis want to make sure that all of its vehicles are able to be offered as EVs. In order to ensure that each segment is getting the proper amount of attention from the development team, the company has separated the vehicles into four different segments. Each segment comes with a certain size of battery that provides an appropriate amount of power for a vehicle of a certain size and weight.
The different EV platforms include:
- STLA Small provides a range of up to 500 kilometres
- STLA Medium provides a range of up to 700 kilometres
- STLA Large provides a range of up to 800 kilometres
- STLA Frame provides a range of up to 800 kilometres
With this new and ambitious plan, Stellantis plans to have 55 new all-electric models out by 2025.