Stellantis: electric cars, turnover, “zero carbon”… Carlos Tavares announces the plan for the next few years

Stellantis is targeting 100% sales of electric vehicles in Europe by 2030 and announces that it intends to double its turnover by 2030. Managing Director Carlos Tavares presented the main guidelines of the plan on March 1 in Amsterdam. strategic.

Stellantis wants to sell 100% of electric vehicles in Europe by 2030, and 50% in the United States, the group announced on March 1 in Amsterdam through the voice of CEO Carlos Tavares.

With 75 models and 5 million electric cars sold each year worldwide, the group resulting from the merger of Peugeot-Citroën and Fiat-Chrysler wants to halve its carbon emissions by 2030 and lower them by 90%. by 2038. The group evokes a “zero carbon emission” balance sheet with 10% maximum compensation.

To limit its carbon footprint, the group intends to use renewable energies in particular. It also relies on the maintenance of public policies favorable to electricity, whether purchase bonuses or networks of charging stations.

While many manufacturers have announced the end of thermal engines for the next few years and the European Commission has proposed it for the year 2035, Stellantis is one of the first automotive giants to commit so strongly to the electrification of its offer.

“Driven by innovation and the excellence of our engineering, our plan calls for integrating the best technologies into all of our brands’ vehicles, from the most affordable to the most efficient and luxurious – this being made possible thanks to the richness of our product offering and our incredible and unique portfolio of brands,” said Carlos Tavares, who notably unveiled the first images of an electric Jeep that will be marketed in 2023.

Stellantis plans to double its turnover (152 billion euros in 2021) by 2030 by taking advantage of the electrification of the market and productivity gains.

The group also intends to maintain “double-digit current operating margins throughout the decade”, said Carlos Tavares in Amsterdam, who unveiled on February 23the record profits made by Stellantis for 2021.

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