Stellantis unveils new platform to build electric vehicles across brands

Stellantis (NYSE:STLA) unveiled a battery-electric platform on Friday referred to as STLA Giant that the automaker stated is the inspiration for a variety of upcoming automobiles for international markets within the D and E segments.

The BEV platform is anticipated to allow a number of segment-leading capabilities together with embedded vitality, charging effectivity, high-performance car dynamics and Path Rated off-road driving. Stellantis (STLA) stated full-size automobiles based mostly on STLA Giant are the core of buyer demand in prime international markets and will probably be used first within the North American market on Dodge and Jeep manufacturers, adopted by different manufacturers together with Alfa Romeo, Chrysler and Maserati. The goal is for there to be eight electrical automobiles launched off the platform from 2024 to 2026.

“The STLA Giant platform is engineered with unparalleled expertise flexibility that allows better ranges of car range and top-rank high quality and buyer satisfaction from a base set of componentry, together with sturdy and cost-efficient manufacturing processes that may be duplicated in a number of meeting crops. Upcoming merchandise will cowl a full spectrum of car varieties, from automobiles to crossovers to SUVs, all of which is able to give prospects the electrical propulsion advantages of immediate torque response mixed with zero emissions. Model-specific product bulletins will start this 12 months.”

Stellantis CEO Carlos Tavares expects the flexibleness and agility of the brand new platform to be a driving drive for the automaker’s success within the shift to electrification in North America.

Shares of Stellantis (STLA) dipped 0.95% in late morning buying and selling on Friday.