Stellantis to unveil further EV strategy details at May 21 Investor Day - EXCLUSIVE

Stellantis has stated that its new affordable electric vehicles are intended to help the group regain market share in Europe and compete with the growing presence of low-cost Chinese EV manufacturers.

This was said by the source at Stellantis in an exclusive interview with CE Report.

The company emphasized that its European-produced “e-cars” will rely on cutting-edge design and world-class battery electric vehicle (BEV) technologies developed with selected partners, aiming to improve affordability and accelerate time-to-market.

According to Stellantis, the European supply chain will play a central role in the production process, with the vehicles being fully “Made in Europe.” The group believes this localization strategy will strengthen industrial resilience while also enhancing consumer confidence in the products.

The company also highlighted that, at this stage, no further technical or commercial details can be disclosed, with additional information expected during the Stellantis Investor Day scheduled for May 21.

Addressing the broader policy environment, Stellantis pointed to recent European Commission proposals introducing a new category of affordable electric vehicles priced below €15,000 and manufactured within Europe. The company said that affordability in the e-car segment depends on platform scale, aggressive cost reduction, and simplified vehicle architecture, all of which align with the goals of the proposed EU framework.

Stellantis expressed confidence that there is strong potential for small, affordable electric vehicles in Europe, adding that the initiative could significantly boost EV adoption across the region by combining regulatory support with industrial and technological innovation.

PHOTO: FACEBOOK (Stellantis)