Amsterdam, Netherlands
Carlos Tavares, CEO, Stellantis said that by 2025, 98% of its models in Europe and North
America will have fully electric or plug-in gas-electric hybrid versions. He added that the combined Fiat Chrysler and
Peugeot is developing four fully electric vehicle platforms with ranges from
500 kilometers (311 miles) to 800 kilometers (497 miles). It also will have
three electric drive modules to power all of its vehicles, and Stellantis will
take advantage of its scale to reduce electric vehicle costs.
The company plans to
introduce solid-state battery technology by 2026 that can store more energy
than current versions.
Tavares also said
that will spend at least $35.6
billion over the next five years on EVs. It will build five battery factories
in the U.S. and Europe and convert plants that now build internal combustion
engines and transmissions into battery cell factories. Of the five battery
plants, three will be in Europe, including conversion of the Termoli plant in
Italy.
Source: News 18
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