Stellantis want to maintain double-digit returns through 2030 as they speed up the electrification of their giant model lineup across brands including Jeep, Ram, Chrysler, Dodge, Peugeot, and Fiat. The automaker also means to double their net revenue to €300bn a year by the end of the decade by cutting costs and deriving extra revenue from new services.
Presenting their new strategic plan called Dare Forward 2030, Stellantis said they plan for 100 per cent of their sales in Europe and 50 per cent in the U.S. to be battery-electric vehicles by the end of the decade. The company plan to have 75 battery-electric vehicles on the market and sell 5 million electric models annually by 2030; they will launch Jeep’s first full-electric SUV early next year.
