Stellantis N.V. said today it will host the Stellantis Startup Awards on Wednesday 13 July 2022, at 2:30 pm CEST, 8:30 am EDT. The terse statement aimed at investors said, “The digital event will introduce seven key technology partners that will accelerate Stellantis’ transformation into a sustainable, mobility tech company and advance its Dare Forward 2030 ambitions.”
Stellantis, the mega-merger of FCA and PSA, claims it will be “the industry champion in the fight against climate change, reaching carbon net zero emissions by 2038.” The sweeping, difficult plan is aspirational – similar to other global automakers as the deadly effects of climate change worsen. Carlos Tavares, Chief Executive Officer, will share the Company’s latest strategic moves. (AutoInformed Dare Forward 2030 – Stellantis Survival Plan Unveiled. More below.)
As part of the leadership mantle Stellantis wants to wear, it wants 100% of sales in Europe and 50% of sales in the United States to be battery-electric vehicles (BEVs) by the end of this decade. “We plan to have more than 75 BEVs and reach global annual BEV sales of 5 million vehicles by 2030,” said Carlos Tavares during an investor’s conference and web broadcast from Amsterdam last March.
The crux of the strategy, as AutoInformed understands it, is for Stellantis to survive it must operate under the “frame of mobility” set by governments and societies, particularly the EU and US. Tavares has previously noted the “traps” of moving too fast. “Who can afford to let a big car company fail,” he once asked? That will be up to governments or states as Tavares calls them. How much in incentives for consumers – and for how long – will be needed to spur electrification?
Details for accessing the digital event are available under the Investors section of the Stellantis corporate website at www.stellantis.com. A recorded replay will be accessible after the event at www.stellantis.com.
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