Stellantis will produce nearly all its electrified vehicles for Europe and North America on four "battery-focused" platforms with ranges up to more than 800 km (497 miles) by the middle of this decade.
The automaker, which was formed in January by the merger of Fiat Chrysler Automobiles and PSA Group, is speeding up its transition to electrification by increasing the cadence of new model launches and revising sales targets upward, Tavares said when he outlined the new group's electrification strategy during the company's first annual shareholders meeting on April 15.
Four "battery-electric vehicle focused" platforms will underpin models across the group's brands, with each delivering significant improvements in range:
- for small cars, a second generation of the eCMP multi-energy platform (which allows a full-electric drivetrain) will be used until 2026, when it will be replaced by STLA Small. Range would be more than 500 km.
- for compact cars, STLA Medium, from mid-2023. Range would be more than 700 km. Current electrified Stellantis compact and midsize cars are built on the EMP2 platform, which allows for plug-in hybrids but not full-electric vehicles. This medium architecture will debut with the redesigned Peugeot 3008 compact SUV.
- for larger vehicles, STLA Large, from mid-2023. Range would be more than 800 km.
- for body-on-frame light trucks and SUVs, STLA Frame, from 2024. Range would be more than 500 km.
Tavares did not say if the STLA platforms would be derived from existing architectures. Those platforms will be progressively replacing the multi-energy platforms, such as EMP2, which support the group's electrified products range.
He said that the group's sales of electrified vehicles (plug-in hybrids and full-electric models) would triple to more than 400,000 units in 2021.
By 2025, 98 percent of European passenger car nameplates and 96 percent of North American nameplates will have electrified versions, Tavares said. He said electrified vehicles would make up 38 percent of Stellantis' European sales that year, compared with an expected 21 percent this year.
Sales of electrified vehicles will reach 70 percent in Europe and 35 percent in North America by 2030, he said.
Stellantis has 12 main automotive brands including Citroen, Jeep, Peugeot, Opel, Ram and Maserati. Like its peers, it faces an investor community keen for a road map to an electric lineup that could rival Tesla, as the industry faces regulatory pushes in Europe and China and possibly the U.S. under the Biden administration to accelerate the shift to zero-emissions cars.
Tavares will disclose more details of the automaker's electrified-platform strategy on July 8. The group's overall strategy will be presented before the end of this year.