In a significant shift in the European automotive landscape, Stellantis, the parent company of iconic brands such as Peugeot and Fiat, is reportedly abandoning its multi-energy approach in favor of a full-scale commitment to electric vehicles. According to Emanuele Cappellano, the company's Europe chief, this bold move is driven by the growing demand for eco-friendly transportation and the need to meet stringent EU emissions regulations. The decision marks a major turning point for Stellantis, which had previously maintained a diverse portfolio of fuel-efficient vehicles, including gasoline, diesel, and hybrid options. As the company prepares to launch its new line of small electric vehicles, codenamed "E-Cars," in 2028, priced competitively at €15,000, industry insiders are eagerly awaiting the full implications of this strategic pivot.
Europe chief Emanuele Cappellano explains why Stellantis is abandoning its multi-energy approach for E-Cars, a new line of small electric vehicles launching in 2028. The automaker targets a €15,000 ...
