Jeep and Ram will get more affordable with prices under $40,000
Electrek • • general
Key Points:
- Stellantis plans to launch 60 new vehicles and update 50 more by 2030, investing $69.5 billion to focus on growth and profitability, particularly in Jeep, Ram, Peugeot, and FIAT brands.
- The company will introduce seven new Jeep, Ram, Dodge, Chrysler, or Fiat vehicles priced under $40,000, including three Chrysler models under $30,000, and aims to expand North American market coverage by 50%.
- Stellantis will roll out the STLA One platform by 2027, featuring modular architecture with AI-powered technologies like STLA Brain, SmartCockpit, and AutoDrive, targeting 35% of global vehicle sales equipped with these by 2030.
- The new platform uses lithium iron phosphate batteries and integrated design to reduce costs by 20%, supports 800-Volt charging, and aims to enhance electric vehicle performance and affordability.
- Stellantis is also pursuing strategic partnerships, including one with Jaguar Land Rover, to co-develop vehicles and strengthen its position against competitors like BYD in the low-cost EV market.