Stellantis prioritizes electric future and will invest $ 35 billion by 2025 – The Clare People
Stellantis, a mega-assembler which brings together major brands such as Fiat, Citroën, Peugeot and Jeep under its umbrella, wants to prioritize the production of electric cars in its factories. According to a report obtained by the folks at Automotive News, the automaker’s idea is that 35% of total sales of brands under your responsibility in the United States are electric vehicles through 2027. To make this a reality, there will be no lack of investment.
Stellantis intends to disburse $ 40 billion through 2025, and the funds will be specifically tied to future electrification efforts as well as software related to electric vehicles. Among the novelties is the construction of four different EV platforms, capable of offering cars with ranges between 40 and 804 miles (300 to 500 kilometers).
Jeep will pull the line
Carlos Tavares, CEO of Stellantis, has revealed that it will be up to Jeep to start the journey into the electric future of the automaker’s cars. In addition to the popular Wrangler 4xe hybrid, already released, the idea is to launch a Grand Cherokee 4xe model soon and have an all-electric Jeep available from 2023.
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Compared to the other brands under the aegis of Stellantis, the projection is to present a high-performance plug-in hybrid from Dodge, an all-electric muscle car also from Dodge and an electric crossover from Chrysler until 2025. Alfa Romeo and Fiat are at the rendezvous -you. end of range, with models planned for 2027 and 2023 respectively.
Source: Inside EVs, Automotive News
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