Stellantis is launching a $60 billion turnaround plan focused on electric vehicles, software improvements, and higher autonomy. The company aims to introduce dozens of new EVs and extended-range hybrids by 2030 on a brand-new software-defined vehicle platform. A new EV platform will use 800-volt architecture and lithium-iron phosphate batteries. Stellantis is also expanding its partnership with Qualcomm to improve in-vehicle infotainment and advanced driver-assistance systems. The plan responds to prior setbacks, including underperforming EV launches in the U.S. and the removal of plug-in hybrids after regulatory changes. Over the next five years, Stellantis targets 29 new EVs, 15 plug-in or extended-range models, 24 traditional hybrids, and 39 combustion vehicles on the new architecture. The core is STLA One, consolidating five platforms into one scalable architecture across subcompact, compact, and large family segments.
"Stellantis, the parent company of 14 carmakers including Jeep, Ram, and Dodge, unveiled a $60 billion turnaround plan Thursday that spans new electric vehicles, better software, and higher levels of autonomy. The transatlantic automaker aims to launch dozens of new EVs and extended-range hybrids on a brand-new software-defined vehicle (SDV) platform. It's also deepening its partnership with chip giant Qualcomm to improve in-vehicle infotainment and advanced driver-assistance systems (ADAS)."
"Stellantis has struggled to keep up in the high-stakes EV and software race. Its sales and profits have cratered amid intensifying competition, and the company's EV launches in the U.S. have misfired. Both the Jeep Wagoneer S and Dodge Charger Daytona EV flopped, leaving owners frustrated by unfinished software. Earlier this year, Stellantis also pulled the plug on plug-in hybrids in the U.S. as regulations shifted, axing the Jeep Wrangler 4xe, Cherokee 4xe, and Chrysler Pacifica PHEV from its lineup to refocus on its profitable gas trucks and SUVs."
"Over the next five years, it plans to launch 29 new EVs, 15 plug-in hybrids or extended-range models, 24 traditional hybrids, and 39 combustion-powered vehicles riding on the new architecture. At the heart of the plan is STLA One, a new, scalable architecture that will consolidate five existing platforms into a single platform. It will cover three key segments: subcompact (B), compact (C), and large family-oriented vehicles (D)."
"A new EV platform will use 800-volt architecture and lithium-iron phosphate (LFP) batteries. STLA One will support an 800-volt architecture for faster charging and better efficiency, with 70% parts commonali"
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