Stellantis delays affordable electric cars until 2026

Stellantis EV affordability delayed until 2026
Stellantis EV affordability delayed until 2026

Stellantis EV Day 2021 was embarrassing. The 3 hour video presentation was all about putting together multiple nonsense commercials and delaying the introduction of affordable electric cars.

 

First, let’s see the highlights of the press release.

 

  • Plans to invest more than €30 billion through 2025 in electrification and software, while continuing to be the automotive efficiency frontrunner, with investment efficiency 30 percent better than industry average
  • Targeting over 70 percent of sales in Europe and over 40 percent in the United States to be low emission vehicle (LEV) by 2030
  • All 14 brands committed to offering best-in-class fully electrified solutions
  • Delivering BEVs that meet demands of customers, with ranges of 500-800 km/300-500 miles and class-leading fast charging capability of 32 km/20 miles per minute
  • Four flexible BEV-by-design platforms, scalable family of three electric drive modules and standardized battery packs to cover all brands and segments
  • Platforms designed for long life via software and hardware upgrades
  • Global EV battery sourcing strategy of over 260GWh by 2030, supported by five “gigafactories” between Europe and North America
  • Plans include dual battery chemistries: a high energy-density option and a nickel cobalt-free alternative by 2024
  • Solid state battery technology introduction planned in 2026

 

Smart Technology Enablers

Four BEV-centric platforms are the backbone of the electrified vehicles from Stellantis brands. The platforms are designed with a high level of flexibility (length and width) and component sharing, delivering economies of scale as each platform can support production of up to two million units per year.

The four platforms are:

● STLA Small, with a range up to 500 kilometers/300 miles

● STLA Medium, with a range up to 700 kilometers/440 miles

● STLA Large, with a range up to 800 kilometers/500 miles

● STLA Frame, with a range up to 800 kilometers/500 miles

Propulsion includes a family of three electric drive modules (EDM) that combine the motor, gearbox and inverter. These EDMs are compact, flexible and can be easily scaled. The EDMs can be configured for front-drive, rear-drive, all-wheel drive and 4xe.

The combination of the platforms, EDMs and high energy-density battery packs will deliver vehicles with best-in-class performance in efficiency, range and recharging.

A program of hardware upgrades and over-the-air software updates will extend the life of the platforms well into the next decade. Stellantis will develop software and controls in-house to maintain the characteristics unique to each brand.

Battery packs will be tailored for a variety of vehicles – from smaller city cars to energy-dense packs for performance vehicles and trucks. Use of two battery chemistries is planned by 2024 to support various customer needs: a high energy-density option and a nickel cobalt-free alternative. By 2026, the first competitive solid state battery technology is targeted to be introduced.

 

Stellantis recognizes that CTP (cell-to-pack) combined with cobalt-free batteries are the two most important technologies available today to make affordable electric cars that compete with ICE (Internal Combustion Engine) cars in price and availability.

However, Stellantis will delay the introduction of these two technologies until 2024. Moreover, only in 2026 the TCO (total cost of ownership) of Stellantis’ electric cars will match ICE cars. This means that even in 2026, electric cars from Stellantis will still be more expensive to buy than their ICE counterparts…

 

With this decision, Stellantis leaves an open door for Chinese automakers to arrive and dominate the European EV market very soon. Just look at the BYD Dolphin (EA1), that’s an electric car with modern technology that offers unmatched value for money.

 

Stellantis dual EV battery chemistry strategy

Stellantis dual EV battery chemistry strategy

 

I’m done with Euro carmakers.

 

 

More info:

https://www.stellantis.com/en/investors/events/ev-day-2021

Pedro Lima

My interest in electric transportation is mostly political. I’m tired of coups and wars for oil. My expectation is that the adoption of electric transportation will be a factor for peace and democracy all over the world.

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Mike/Liverpool
2 months ago

Deeply worried
They say vauxhall/Opel will be EV ONLY from the end of 2028…………..but does this mean that Opal will be small cars only?
Alfa/lancia jeep etc will be hybrids….

Ramsés
2 months ago

I thought TCOs were already similar today and by 2025 the price would be equivalent. It is very bad that by 2026 the price of EV continues higher than ICE despite the drop in battery costs. Will the cause of this be the increase in autonomy to 500 km?
I like more a variant with 300 km and with the same price of the ICE

Rok
2 months ago
Reply to  Pedro Lima

Also, do not forget, keeping high incentives makes them even richer because they can keep high prices. With this kind of announcements they will persuade governments that high subsidies are necessary for a transport transition.

Frederico Matias
2 months ago
Reply to  Pedro Lima

Just milking the cow…. The cow needs to give them a good-old kick

yoyo
2 months ago

I would like to say I am done with us auto makers but I have a Chevy bolt and don’t see anyone in the US producing a decent alternative to it any time shortly…
Heck I don’t even see any imports that compare to it…
I welcome the Chinese auto companies wholely to the US…
I could live with a Dolphin and I hate SUVs but could live with a Yuan…

These auto companies have no problem planning for their own demise…
At least volume wise…
Some will probably be successful in moving upmarket with lower volume…
But I don’t know how they will survive once real full self driving comes and your car is nothing more than an appliance on wheels…
Styling?? Who cares just need the right stickers…
Performance?? Irreverent when you’re not at the wheel it just isn’t the same…
Brand loyalty?? Laughable for appliances…

Erik
2 months ago

I do find it interesting that the CTP cells they are planning to use appear to be LMFP based. I have only seen a bit of research on this chemistry. It looks like one that BYD also are considering to employ. Seems to have a number of advantages of NCM + LFP.