Automakers are moving toward a direct sales business model like the one Tesla uses amidst a transition to electric vehicles (EVs). Ford, Volkswagen, Stellantis and others are considering how to shift their businesses to become as valuable as Tesla’s, with many moving towards a direct sales model, according to a report from The Wall Street […]
Stellantis is expecting double-digit returns through 2030 on its move to electric vehicles (EVs), as detailed in its strategic plan Dare Forward 2030 by the company’s head in a recent presentation. Stellantis plans to target 300 billion euros ($335 billion USD) in revenue per year by the decade’s end as part of Dare Forward 2030, […]
Following news of the first Dodge and Jeep electric vehicles (EVs) being set to launch in 2022-2023, parent company Stellantis has shared first shots of an upcoming electric SUV. Jeep shared photos of its first battery-electric crossover SUV on Tuesday, which the company says is set to launch in Europe in the first half of […]
Alfa Romeo has unveiled the Tonale hybrid, a partially-electric SUV and the company’s first move to electrify its lineup, according to a press release from parent company Stellantis on Tuesday. The Alfa Romeo Tonale is set to offer two variants: a hybrid and a plugin hybrid Q4, based on a 48-volt hybrid propulsion system. Still, […]
Automaker Stellantis, which was formed from a merger between Fiat Chrysler and PSA Group, is entering its second year since becoming the world’s fourth-largest automaker by production, and the CEO says that’s just the beginning. Stellantis CEO Carlos Tavares is expected to reveal the company’s business plan on March 1, including plans to take on […]
As electric vehicles (EVs) become the new standard for automakers going forward, one legacy automaker has joined the pledge to go electric in the years to come. Chrysler announced plans to go all-electric by 2028, beginning with an EV in 2025, as shown in a concept released by the company at the Las Vegas Consumer […]
Amazon and Stellantis announced a new partnership on Wednesday to develop a new in-vehicle experience for Stellantis’ upcoming vehicles through new software called STLA SmartCockpit, according to a press release. The SmartCockpit is set to Stellantis vehicles in worldwide markets beginning in 2024, with the platform set to include cloud services for integrating vehicle experiences […]
Stellantis is set to begin rolling out Level 3 automated driving by 2024, a level of autonomy not yet touched throughout most of the world which allows for completely hands-free driving, according to Automotive News. On Tuesday, Head of Stellantis’s Artificial Intelligence, Software and Hardware Joachim Langenwalter said, “The first Level 3 solution will come […]
As automakers grapple with how to switch from gas vehicles to electric vehicles (EVs), some companies are pointing out some of the extra costs that will come with the shift. Netherlands-based Stellantis CEO Carlos Tavares said that the costs of switching to EVs will mostly fall on automakers, and are apparently “beyond the limits” of […]
Just a month after Dodge teasing its first electric vehicle (EV) muscle car, parent company Stellantis has alluded to two new exciting EV releases, one referring to Dodge’s upcoming muscle EV, and the other coming from the classic brand Jeep. Vehicle brand parent company Stellantis plans to launch an electrified Dodge vehicle as soon as […]
Thursday is Stellantis EV day 2021, and during the streamed event, the parent company of Dodge announced plans to move towards electrification. Dodge says it will debut what is calls the “world’s first full battery electric muscle car” on Thursday, in a video released by Stellantis. The electric vehicle (EV) is expected to launch in […]
Earlier this year, Fiat Chrysler and Peugeot parent PSA group merged to form Stellantis. According to CNBC, Fiat Chrysler spent nearly 300 million euros ($362 million USD) last year on regulatory credits in Europe, most of which were purchased from Tesla. This was before merging with Peugeot PSA to become Stellantis, though the company’s plans […]
