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Stellantis Drops 2030 All‑EV Goal for Europe

Executives attribute the shift to slower EV uptake.

Overview

  • COO Jean‑Philippe Imparato confirmed at the Munich motor show that Stellantis has scrapped its plan to sell only electric cars in Europe by 2030, with EU 2035 CO2 targets described as “no longer achievable for any carmaker.”
  • Stellantis had set the all‑electric Europe target in 2022 under then‑CEO Carlos Tavares, alongside an aim for 50% EV sales in North America.
  • Brand moves reflect the reset: Ram is reviving the Hemi V8 for the 1500 and has delayed the 1500 REV electric pickup and Ramcharger EREV.
  • Dodge has dropped the entry‑level electric Charger R/T due to weak demand, and Alfa Romeo canceled plans to go EV‑only by 2027 citing continued ICE needs in the U.S.
  • The retreat aligns with a wider industry recalibration, with companies including Volvo, Mercedes‑Benz and General Motors revising EV‑only timelines amid slower sales growth.