Stellantis, Tavares confirms main line: growth of electric cars in the EU and Italy

Stellantis Tavares confirms main line growth of electric cars in

(Finance) – Stellantis confirms the centrality of Italy and Turin as part of the implementation of the new Dare Forward 2030 plan, the need for break free from addiction in the chip industry and the goal of growth on the European market and on sustainable mobility. This was confirmed by the Group CEO Carlos Tavares at the meeting with a press at theHeritage Hub of Mirafiori.

“Italy is central to Stellantis and to the Dare Forward 2030 plan“, said the CEO, anticipating” we are examining various hypotheses “for Mirafiori and that in the coming months there will be news concerning not only production, but also the circular economy.

The CEO confirmed the goal of launching 75 new electric cars by 2030 to reduce emissions by 50% by 2030 and by 100% by 2038. “Most BEVs will be produced in Europe and Italy, so gradually all plants will produce on BEV platforms,” ​​he added.

Tavares said do expect “support” from governments European and Italian to Bev’s question over the next 4-5 years, “the time it takes to reduce the production costs of electric vehicles which are 50% higher than thermal cars”. “We must defend freedom of movement and remove the barriers to access the new mobility,” she underlined.

The manager also anticipated the within 3-4 years we will have local semiconductor suppliers in Europe and the USA and explained “we are working with Tier 1, 2 and 3 suppliers to have three software platforms by 2024 that will complete the Bev platforms which will be 4. So we will have semiconductors developed directly with Tier 2 and 3 suppliers”.

Stellantis aims for a market share in Europe of 20-25%, but Tavares admitted that a lot will depend on the size of the market which is linked to the political choices of governments. “We don’t need M&Abut we look at what’s happening in the market constantly, “he concluded.

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