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Thursday, 08 July 2021 22:01

Stellantis to Invest $36B in EVs Through 2025

Written by Mark Kane, Inside EVs

Index

...the exact mix of battery-electric, plug-in hybrid and hydrogen fuel cell vehicles.

 

The approach might differ between the brands, but all 14 announced commitment to the plan.

 

"Electrification is not a 'one size fits all' plan at Stellantis," the company said. "Each of the company’s 14 iconic brands is committed to offering best-in-class fully electrified solutions and doing so in a way that enhances the DNA of each brand.

 

"One of the most important things for us is that Stellantis expects to achieve total cost of ownership parity between BEVs and ICEs by 2026.

 

"Affordability is a priority at Stellantis, as the company is targeting for the total cost of ownership of EVs to be equivalent to internal combustion engine vehicles by 2026."

 

Stellantis announced a total of four BEV-centric platforms that will cover the entire range of vehicles. The BEV-centric platforms, or BEV-by-design, suggests their default purpose are BEVs, although they will be able to accommodate other types. Time will tell how it will differ and how it will pay off compared to dedicated BEV solutions.

 

The company said the platforms "are designed with a high level of flexibility (length and width) and component sharing, delivering economies of scale as each platform can support production of up to two million units per year." Two million per platform would be 8 million total, if all would be in full swing.

 

The target maximum ranges of the platforms are pretty good, up to 500 miles:

 

  • STLA Small, with a range up to 300 miles (37-82 kWh)
  • STLA Medium, with a range up to 440 miles (87-104 kWh)
  • STLA Large, with a range up to 500 miles (101-118 kWh)
  • STLA Frame, with a range up to 500 miles (159-200+ kWh)

 

The fourth platform, STLA Frame, is expected to be used in...