Stellantis presented an electrification strategy that is set to deliver a variety of new vehicles across its brand portfolio. The strategy also leverages its partnerships and joint ventures to deliver a variety of advanced automotive technologies.

The corporation plans to achieve increased profitability in the coming years. This profitability is to be supported by the execution of synergy opportunities stemming from its formation, battery cost reductions, the optimization of distribution and production costs, and the realization of new revenue streams from connected services and software-focused business models.

Through its roadmap, Stellantis aims to become a market leader in zero-emission vehicles, outlining several targets to achieve this goal. For example, through 2030, it expects its LEV mix for passenger cars in Europe to grow to over 70%. In the U.S., this mix for both passenger cars and light-duty trucks is similarly expected to reach more than 40 percent by 2030.

Another part of the strategy sees Stellantis investing more than €30 billion through 2025 in electrification and software development, including equity investments made in joint ventures to fund its activities. Leveraging knowledge and embracing synergies, the electrification of the corporation’s commercial vehicle rollout will extend to all products and regions over the next three years – including the delivery of hydrogen fuel cell medium vans before the end of this year.

Stellantis’ electrification strategy extends across the entire value chain – one area of focus is within EV batteries. The corporation aims to secure an output of more than 130GWh by 2025, and more than 260 GWh by 2030. To achieve this goal, it will open five gigafactories across Europe and North America. It has already signed MOUs with two lithium geothermal brine process partners in both North America and Europe to ensure a sustainable supply of lithium and integrate it into the supply chain once available. Stellantis is also aiming to reduce the production costs of its own batteries. It estimates that battery pack costs will reduce by more than 40 percent by 2024, and by more than 60% by 2030. The corporation plans to manage this cost reduction through a variety of methods – such as optimizing the overall pack, simplifying the format of the modules, increasing the size of the battery cells and upgrading the battery chemistry.

Stellantis intends to maximize the full value of its battery life cycle through repair, remanufacturing, second-life use, and recycling. It will also ensure a sustainable system that prioritizes customer needs and environmental concerns. One of these needs, the cost of the vehicle, is similarly key to Stellantis’ strategy. Here, it aims for the total cost of EV ownership to match the cost of an ICE vehicle by 2026. Likewise, the corporation is keeping range and rapid recharging a priority in its strategy. To enhance the consumer perception of EVs, it aims to provide BEVs capable of an estimated 500-800km (300-500 miles) range, with a fast-charging capability of 32km (20 miles) per minute.

It also accounts for the wider EV customer experience, with Stellantis offering a suite of solutions for private, business, and fleet customers to simplify the ownership journey. For example, the corporation will provide customers with day-to-day smart charging offers (using green energy sources) and leverage existing partnerships to expand charging options and accelerate smart grid use. Stellantis also intends to meet customer demands by supporting the development of fast-charging networks across Europe, enabled by a MOU signed with Free2Move eSolutions and Engie EPS. Its intention is to mimic Free2Move eSolutions’ business model for the North American market.

Four BEV-centric platforms will form the basis of Stellantis’ EV offerings. Each platform is designed with flexibility (length and width) and component sharing in mind to deliver a scalable solution. This will allow each platform to support the production of up to two million units per year.

The four platforms are:

  • STLA Small, with a range up to 500 kilometers (300 miles)
  • STLA Medium, with a range up to 700 kilometers (440 miles)
  • STLA Large, with a range up to 800 kilometers (500 miles)
  • STLA Frame, with a range up to 800 kilometers (500 miles)

In the EVs that utilize these platforms, propulsion includes a family of three electric drive modules (EDM) that combine the motor, gearbox, and inverter. Like the platforms, these EDMs are compact, flexible, and scalable. They can be configured for front-drive, rear-drive, all-wheel drive, and 4xe. The combination of the platforms, EDMs, and high energy-density battery packs will deliver vehicles with enhanced efficiency, range, and recharging.

A program of hardware upgrades and OTA software updates will extend the lifecycle of these platforms well into the next decade. Stellantis will also develop software and controls in-house to retain the individual characteristics of its vehicle brands – such as Peugeot, Chrysler, and Fiat.

Battery packs will be tailor-made for a variety of vehicles, from smaller city cars to performance vehicles and trucks. By 2024, Stellantis will utilize two battery chemistries – a high energy-density option and a nickel cobalt-free alternative. By 2026, it plans to introduce solid state battery technologies.

Stellantis currently has (or is completing) several joint ventures in a number of areas: including e-powertrain and e-transmission operations, battery cell chemistry and production as well as digital cockpit and personalized connected services. These partnerships provide the corporation with the opportunity to accelerate its strategy, bringing its electrified solutions to the market quicker, and more efficiently.