Stellantis intensifies electrification clearly

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Stellantis intensifies electrification clearly-intensifies

Stellantis, emerged at the beginning of the merger of automotive companies PSA and Fiat Chrysler Automobile, has presented its extensive electrification strategy on an eV Day, which is intended to enable “exciting, in its class leading vehicles for the company’s iconic brands in its class”. The company uses internal know-how, partnerships and joint ventures to provide advanced technology at affordable prices. This strategy will enable the Group to strive for medium-term sustainable, double-digit-adapted operating margins, according to Stellantis in a recent communication.

“With the investment plan of more than 30 billion euros, our commitment is associated with accompanying iconic vehicles, which are seamlessly paste in the everyday life of our customers with regard to performance, functionality, style, comfort and electrical reach. The strategy presented the correct investment amount draws on the right technology to achieve the market at the right time and to ensure that Stellantis enables the freedom of mobility to the most efficient, affordable and most sustainable way.”- Carlos Tavares, CEO Stellantis

Stellantis plans to achieve higher profitability in the coming years. This is supported by the implementation of the synergy potential resulting from the founding of Stellantis, with a forecast of annual cash synergies of more than 5 billion euros in the Steady State, the roadmap to reduce battery costs and the continued optimization of sales and Production costs and the development of new sales opportunities – in particular from networked services and future software business models.

Thus, Stellantis strives for medium term to about 2026 sustainable, double-digit margins, which the company should make a benchmark for profitability in providing e-mobility for customers at a global scale.

Stellantis intends to become the market leader in low-emission vehicles (LEV, Light Electric Vehicles). By 2030, the LEV mix of Stellantis for cars in Europe should grow steadily on more than 70 percent – 10 percentage points on the current forecasts of the industry for the overall market mix. In the USA is expected that the LEV mix of Stellantis for cars and light commercial vehicles will be more than 40 percent by 2030.

More than 30 billion euros for electrification and software development

To implement this strategy, Stellantis plans to invest more than 30 billion euros in electrification and software development by 2025. Included are capital investments in joint ventures to finance their activities, while the company aims to continue 30 percent more efficient than the industry, which is the investment and f&E-expenses relating to sales relating.

The Group continues to strive to expand its leadership in commercial vehicles in Europe and strengthen its position in North America, while at the same time pursuing the goal of becoming world market leader in electric commercial vehicles. Through the exploitation of knowledge and synergies, the rollout of the electrification of commercial vehicles in the next three years is to be extended to all products and all regions, including the delivery of medium-sized vans with hydrogen fuel cell technology to the end of 2021.

Five battery factories for Europe and the USA

The Electrification Roadmap of Stellantis extends to the entire value chain. The company’s procurement strategy for E-Auto-Batteries aims to secure more than 130 giga hours (GWH) and up to 2030 more than 260 GWh up to 2025 capacities of more than 130 gigawatt hours (GWH). The demand for EV batteries and components should be covered with a total of five “Gigafactories” in Europe and North America, supplemented by additional supply contracts and partnerships to cover the overall needs.

Stellantis has already signed letters of intent (mous) with two lithium geothermal sole process partners in North America and Europe to ensure a sustainable supply of lithium and integrate it into the supply chain as soon as it is available. Lithium was identified in terms of availability as the most critical battery raw material.

In addition to the procurement strategies, the technical know-how of Stellantis and synergies in manufacturing will reduce the costs of batteries, the Group shares with. The cost of battery packs of electric vehicles should be reduced from 2020 to 2024 by more than 40 percent and by another 20 percent by 2030. All aspects of the battery pack play a role in cost reduction: optimization of the total pack, simplifying the format of the modules, enlargement of battery cells and improving battery chemistry.

The company also intends to maximize the full value of the life cycle of batteries by repair, reprocessing, second-life use and recycling, as well as to build a sustainable system that focuses on customer needs and environmental concerns.

No “One Size Fits All” Unit

Affordability is a priority for Stellantis. The company is a strut to adjust the total cost of ownership for electric cars to 2026 those of vehicles with internal combustion engine. The electrification is not a “One Size Fits All” Unit plan at Stellantis. Any individual of the company’s 14 iconic brands endeavors to offer first-class, fully electrified solutions, and thus implement this that the DNA is strengthened by the respective mark. Stellantis presents the following statements which should express the relevant electrification approach of the brand:

  • Abarth – “Heating Up People, But Not the Planet”
  • Alfa Romeo – “From 2024, Alfa Becomes Alfa E-Romeo”
  • Chrysler – “Clean Technology for A New Generation of Families”
  • Citroën – “Citroën Electric: Well-Being for All!”
  • Dodge – “Tear up the Streets … but not the planet”
  • DS Automobiles – “The Art of Travel, Magnified”
  • Fiat – “It’s Only Green When It’s Green For All”
  • Jeep – “Zero Emission Freedom”
  • Lancia – “The Most Elegant Way To Protect The Planet”
  • Maserati – “The Best in Performance Luxury, Electrified”
  • Opel / Vauxhall – “Green is the New Cool”
  • Peugeot – “Turning Sustainable Mobility Into Quality Time”
  • RAM – “BUILT TO SERVE A SUSTAINABLE PLANET”
  • Commercial Vehicles – “The Global Leader in E-Commercial Vehicles”

Range and fast shop sees Stellantis as the key for a broad consumer acceptance of pure electric cars. Stellantis introduces this challenge with E cars, the ranges of 500 to 800 km and a best-of-class fast charging capacity of up to 32 km per minute should be delivered.

Stellantis wants to offer a wide range of solutions for private, business and fleet customers to simplify the “Ownership Journey”. These include the provision of intelligent charging offers from green energy sources for everyday life, the use of existing partnerships for the expansion of charging options and the acceleration of smart grid use.

The company intends to meet the different requirements of its customers by supporting the expansion of rapid lining networks throughout Europe, which is made possible by a letter of intent signed between Free2move ESolutions and Engie EPS. The aim is to transfer the business model of Free2move Esolutions for the North American market.

Four E-car platforms as a backbone of the electrification

Four e-car-centered platforms should form the backbone of the electrified vehicles of the Stellantis brands. The platforms have been designed with a high degree of flexibility (length and width) and shared components and should provide size benefits, as each individual can support the production of up to two million units per year.

  • Stla Small, with a range of up to 500 kilometers
  • Stla medium, with a range of up to 700 kilometers
  • Stla Large, with a range of up to 800 kilometers
  • Stla Frame, with a range of up to 800 kilometers

The drive includes a family of three electric drive modules (EDM), which combine engine, gearbox and inverter. These EDMS are compact, flexible and can easily scales. The EDMs can be configured for front, rear and four-wheel drive. The combination of platforms, EDMS and battery packets with high energy density is intended to provide Vehicles with class-consumed performance in terms of efficiency, range and load.

A program of hardware upgrades and over-the-air software updates will extend the life of the platforms until far into the next decade, so the manufacturer continues. Stellantis will develop software and controls in operation in order to get the unique properties of any brand.

Solid state battery from 2026

The battery packs should be tailored for a variety of vehicles – from smaller city cars to energy density packs for high-performance vehicles and trucks. By 2024, the use of two battery chemicals is planned to support various customer requirements: an option with high energy density and a cobalt-free nickel alternative. By 2026, the first competitive solid state battery technology is to be introduced.

Stellantis currently has several joint ventures in key technologies or. closes this just. They range from electric powertrain and e-transmission via battery cell chemistry and production to digital cockpit and tailor-made networked services. These partnerships offer Pentantis the opportunity to use not only the internal competences, but also the expertise of the partners in order to bring new technologies and solutions faster to the market and at the same time optimize the capital allocation, which further improves the competitiveness of Stellantis on the market will.

“Our electrification journey may be the most important foundation stone we need to start – only six months after the origin of the company – to begin unveiling the future of Stellantis. Today, the entire company is in full implementation mode to exceed the expectations of all customers. So we accelerate our role in the redefinition of the way the world is moving away. We have the size, the skills, the will and sustainability to achieve double-digit-adapted operational margins, to launch the industry with benchmark efficiency and to deliver electrified vehicles, ignite the passion.”- Carlos Tavares, CEO Stellantis

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1 thought on “Stellantis intensifies electrification clearly”

  1. Stellantis – a somewhat unfortunate name choice.

    Stellar and Atlantis – The stars regarding and a downturned city = sinking star?

    The enthusiasm for Stellantis and their press releases holds in close limits.

    Reply

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