Stellantis Sets EV Target, Stops Short of Full Electric Fleet

April 19, 2021
The company's CEO said it would triple its low-emission vehicle sales this year, compared with 2020, to more than 400,000 vehicles.

April 19, 2021—Stellantis, maker of Jeep SUVs and Ram pickups, has announced a set of EV and emissions targets, the Detroit Free Press reported. 

In a meeting with general shareholders, the company’s CEO Carlos Tavares committed to increase the share of low-emission vehicles the company sells in Europe from 14 percent in 2021 to 70 percent in 2030 and in the United States from four percent in 2021 to 35 percent in 2030. Those increases would be paired with a plan to boost the number of nameplates with low-emission vehicle offerings to 98 percent in Europe by 2025 and 96 percent in the United States by then. 

Tavares said the company would triple its low-emission vehicle sales this year, compared with 2020, to more than 400,000 vehicles.

“This is what we’re going to deliver to the market. Please recognize that we are now accelerating this electrification move, and please recognize that we are perfectly on time and ready to deliver on the limited emissions or zero emissions mobility expectations of the markets in which we operate,” Tavares said.
 

About the Author

Ratchet+Wrench Staff Reporters

The Ratchet+Wrench staff reporters have a combined two-plus decades of journalism and mechanical repair experience.

Sponsored Recommendations

Valvoline Partner Solutions

We arm you with products that build trust, tools that unlock productivity, and training that drives business performance, so you feel confident in where your...

Grow the business you know

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.

Solutions that drive results

Connect with Valvoline experts to increase operational efficiency and customer loyalty – from Valvoline-funded promotions to hands-on training, we’re here to...

Free Resources for Shops Like Yours

View insights, research and solutions curated specifically for shops like yours.