Right this moment we’re one of many largest auto producers on this planet. An organization that has set its sights on additionally turning into one of many largest EV makers on this planet as nicely. Stellantis is the results of a merger of Fiat-Chrysler and The PSA Groupe in early 20211.
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Stellantis has operations in over 30 nations and sells vehicles in over 130. It’s a firm decade within the making, in the end managing to assemble 14 of essentially the most highly effective and revered automobile manufacturers beneath one umbrella.
The corporate has just lately put forth a plan to spend $36 billion {dollars} on constructing out electrical automobile producers round Europe. This consists of three “Gigafactories” to facilitate the manufacturing of batteries. This plan additionally consists of billions put aside for the event of infrastructures like charging stations and particular person chargers throughout Europe.
Along with their EV plan, Stellantis has acknowledged that they’ve given every of their 14 manufacturers a “10 Yr Runway.” That is to say every firm has 10 years of funding to rebrand and refocus on the final word goal, 98% electrification of their manufacturing vehicles.
Some manufacturers might have a tougher time than others, corporations like Chrysler, Lancia, and Alfa Romeo have struggled closely over the previous few years. Hopefully, this may give them the possibility they should actually shine like they as soon as did.
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