Stellantis debuts pure-electric Jeep, pledges new goal on power self-sufficiency

Stellantis debuts pure-electric Jeep, pledges new goal on power self-sufficiency


The Stellantis CEO Carlos Tavares, photographed in Turin, Italy, on March 31, 2022.

Stefano Guidi | Getty Images Information | Getty Photographs

The CEO of Stellantis advised CNBC Monday that the business would use its have internet sites to make 50 percent the vitality it requirements for manufacturing by the center of this decade.

“We have made the decision the acceptable investments for Stellantis to be capable, from a production standpoint, in 2025 to develop 50% of our electricity desires inside our very own websites,” Carlos Tavares, who was talking to CNBC’s Charlotte Reed at Paris Motor Show, claimed.

Tavares’ opinions arrived as Stellantis geared up to debut what he referred to as the “very first pure-EV Jeep” soon after specifics of the vehicle were posted past month.

In accordance to Stellantis, the Jeep Avenger’s “specific electric powered variety” is 400 kilometers, or a tiny below 249 miles.

The business — whose brands involve Fiat, Chrysler and Citroen — is set to open up up reservations for the Avenger on Monday, and it really is slated to arrive in showrooms subsequent 12 months.

Stellantis would like all passenger revenue in Europe to be battery electric powered by the 12 months 2030. In the U.S., it desires a “50% passenger car and light-obligation truck BEV product sales blend” in just the exact timeframe.

Stellantis’ electrical vehicle ideas set it in opposition with corporations such as Elon Musk’s Tesla as nicely as firms like Volkswagen, Ford, and GM. In accordance to the International Energy Company, electric car income are on course to strike an all-time large this 12 months.



Resource

CNBC Daily Open: All roads lead to Jerome Powell
World

CNBC Daily Open: All roads lead to Jerome Powell

Federal Reserve Chairman Jerome Powell is seen walking in Grand Teton National Park near Jackson Hole, Wyoming, on August 22, 2025. Natalie Behring | Getty Images News | Getty Images Since inflation in America peaked at 9.1% in June 2022, the U.S. Federal Reserve has made controlling price increases — by keeping interest rates high […]

Read More
Asia-Pacific markets track Wall Street gains on potential Fed rate cut
World

Asia-Pacific markets track Wall Street gains on potential Fed rate cut

Ulsan city skyline from the Hamwolru Pavilion. People can enjoy beautiful cityscape for free. Ulsan, South Korea. Insung Jeon | Moment | Getty Images Asia-Pacific rose Monday, tracking Wall Street gains after Federal Reserve Chair Jerome Powell signaled that the central bank could begin easing monetary policy next month in his widely anticipated annual speech in Jackson Hole, Wyoming. […]

Read More
Stock futures are little changed after Dow’s record close, as traders await Nvidia earnings: Live updates
World

Stock futures are little changed after Dow’s record close, as traders await Nvidia earnings: Live updates

A trader reacts on the floor at the New York Stock Exchange in New York City, U.S., August 22, 2025. Brendan McDermid | Reuters U.S. equity futures were flat on Sunday night after the Dow Jones Industrial Average catapulted to new intraday and closing records and as investors looked ahead to Nvidia earnings. Futures tied […]

Read More