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Stellantis, the merger between Fiat Chrysler Automobiles and the PSA Group, has been in a bit of hot water lately. The automaker has been focused on electric vehicle (EV) design and development, and PSA Peugeot CEO Carlos Tavares, also the Stellantis CEO, claimed that it’s time to give the boot to aging brands that aren’t going green. With Tesla refusing to bail out Dodge after helping them out once before when a part of the FCA/Tesla CO2 average deal, Dodge bit the bullet and announced eMuscle. The recent EV 2021 Day by Stellantis showed us a lot of plans for electrifying vehicle lineups, but a new development is coming to the surface. Apparently, Stellantis is under the thumb when it comes to EV development, with Tavares claiming the move was “imposed” on the automotive group.
Let’s be fair – when Stellantis was still two separate entities, FCA and the PSA Group, neither was a leader in alternative fuel vehicle production. Chrysler had the Pacifica Hybrid, the Fiat 500e was far in the background, and the furthest any other brand went was with eTorque, a mild-hybrid system that found its way into the next generation of the Jeep Wrangler and the Ram 1500 for that extra boost of torque at 0 RPM. Well, now that choice is backfiring, but it’s not just Stellantis. Many automakers are having cost issues right now due to inflation, fallout from the COVID-19 epidemic that started in 2020, including global supply chain problems like the semiconductor chip shortage and loss in sales.
Even so, Stellantis also announced that the automotive group will be investing €30 billion through 2025 towards the development of new EV platforms that will support the upcoming new electric vehicles across its many brands. Could this be the new platform of eMuscle, or even an electric Jeep? With an investment of about $33 billion, we should see an upsurge in EV releases over the next few years. During EV Day 2021, we got a look at a lot of upcoming vehicles for many of the FCA brands, set for release in 2023 and 2024.
Dodge is putting all bets on eMuscle, slated for its first release in 2024, but just before that, we’re supposed to get a new generation of the Dodge Challenger and Dodge Charger to buffer sales. Chrysler is holding onto the Pacifica Hybrid minivan, so a lot of the pressure is falling on the shoulders of Jeep and Ram. These automakers are happy to strut their stuff, with Jeep already advancing into electric territory with its 4xe series, the Renegade 4xe, Compass 4xe, Wrangler 4xe, and recently the Jeep Grand Cherokee 4xe. The first Jeep EV is scheduled for 2023, with an all-electric concept Wrangler based off of the 2021 Easter Jeep Safari, the Magneto. Ram is producing a battery-electric vehicle (BEV) variant of the Ram ProMaster, and a fully electric Ram 1500 pickup should be released by 2024. Alfa Romeo is ready to release the Tonale SUV in 2022 and aims for an all-electric lineup by 2027. Maserati is aiming for the same by 2025.
Plans for Stellantis involve 21 electrified launches in the next two years, along with 10 plug-in hybrid electric vehicles (PHEVs) and 11 BEVs. The CEO doesn’t think it’s very profitable, but it’s time for Stellantis to get on the bus. Many other competitors are already far ahead. Let us know your thoughts on NowCar social media.