In a surprise move, Stellantis, one of Europe's largest automakers, is shifting its strategy to focus solely on electric vehicles (EVs), abandoning its previous multi-energy approach. According to Emanuele Cappellano, the company's chief for Europe, the decision is driven by the growing demand for eco-friendly transportation and the need to meet increasingly stringent emissions regulations. As part of this new strategy, Stellantis is set to launch a new line of small electric vehicles in 2028, with a target price of €15,000, making it more accessible to budget-conscious consumers. The move is likely to have significant implications for the European automotive market, where EV adoption has been gaining momentum in recent years.
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 ...
