Automaker Stellantis has released images of the first all-electric Jeep. This happened in the context of the announcement of Stellantis’ strategy for the coming years. Electric cars are – of course – predominant in this.
The currently unnamed SUV is apparently ripe for the market. He roughly looks like a descendant of the Jeeps Compass and Renegade and fits neatly into the current range in terms of appearance.
It is very likely that the Jeep will be on Stellantis’ STLA Small platform, a purely EV base that will serve in the compact class and compact middle class. The electric Jeep probably belongs in that second category.
The STLA Small platform offers space for battery packs with a capacity of up to 82 kWh. We can cautiously count on 100 to 250 hp strong powertrains for STLA Small, and four-wheel drive is probably also an option.
Jeep is also still holding tight to the new electric SUV. It does say that an electric, full-fledged all-terrain vehicle is also on the way in 2024. That must almost be the production version of the Wrangler Magneto Concept. A “Lifestyle Family SUV” is also arriving that same year, possibly a roomier brother of the SUV shown now.
Long-term strategic plan
Today Stellantis presented a strategic plan for the long term: Dare Forward 2030. In it, the group sets out its long-term vision and immediately mentions a number of concrete objectives. One of these is that all of the group’s European sales will be fully electric by 2030. Ultimately, the group must be completely climate neutral by 2038.
This climate neutrality is not only about the cars that roll off the production line, but about the entire production process, as CEO Carlos Tavares clarifies. Stellantis is building in an intermediate step for that major target in 2038: by 2030, the CO2 emissions of the entire group must be reduced by 50 percent compared to 2021.
That is not the only target that Stellantis has set itself for the end of this decade. By 2030, for example, the entire sales of Stellantis in Europe must consist of fully electric cars. That does not come as a surprise, because Peugeot, among others, already announced that it will be fully electric from 2030. In America, half of Stellantis’ sales mix should consist of fully electric models by then. In total, the product portfolio by then will consist of 75 EVs.
According to Stellantis, the above percentages mean that the group will sell five million EVs per year by 2030. In order to achieve these goals, Stellantis is focusing on increasing battery production capacity. During an earlier presentation of the various electric platforms, Stellantis aimed for a production capacity of 260 GWh per year, but the group is now raising that ambition to 400 GWh per year by 2030. The EV targets have also been further tightened compared to that presentation. Stellantis previously said that 70 percent of European sales had to be fully electric.
Investment of 30 billion euros
Until 2025, Stellantis is investing €30 billion in electrification. This includes the roll-out of the previously announced four STLA platforms, the conversion of factories, investments in solid-state batteries and the construction of five ‘Gigafactories’ for battery production. To this end, Stellantis works together with Daimler and the Chinese Svolt.
In the presentation, Stellantis emphasized the electrification plans in America. For example, the group showed the first sketches of the electric pick-up Ram 1500, which will be placed on the STLA Frame platform. Stellantis does not provide technical details yet. According to Stellantis, every new model that comes on the market will have a fully electric version from 2024. Dodge will introduce an electric muscle car in 2024: a powerful sports car, like the cars that caused a furore in the 1960s. Stellantis further confirms that the production version of the Chrysler Airflow will be launched in 2025. Chrysler will be fully electric in 2028.
Hydrogen is also part of it
In addition to battery-electric cars, Stellantis also invests in hydrogen. In 2024, the group wants to supply large delivery vans with a fuel cell and later expand this to large trucks. Stellantis aims for a range of 400 kilometers for the fuel cell for large vans, compared to 230 kilometers and 330 kilometers for the group’s current EV vans with battery packs of 50 kWh and 75 kWh respectively.
In addition to the EV platforms, Stellantis is working on three software platforms: STLA Brain, STLA SmartCockpit (together with Foxconn and Amazon) and STLA AutoDrive. For the latter system, which makes level 3 autonomous driving possible, Stellantis is working together with BMW. STLA AutoDrive should appear on the market from 2024. In 2022, Stellantis will take an intermediate step with ‘Level 2+’, which should make hands-free autonomous driving possible.
Making money with expensive cars
At the same time as the electrification and sustainability plans, Stellantis states that turnover should have doubled to €300 billion by 2030. The group expects a lot from the premium segment, of which it expects a fourfold increase in turnover. The group also wants to set up a worldwide digital showroom and that by 2030 a third of all sales will be online.
Stellantis also focuses on a platform on which second-hand cars can be sold: Spoticar. In terms of revenue, Stellantis also expects a lot from the software and services that result, which should account for €20 billion in revenue per year. Not only must turnover increase, total costs must decrease at the same time. Stellantis aims, among other things, at a 40 percent cost reduction for EVs.
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