Stellantis CEO promises highly distinct EVs from all 14 brands

Stellantis CEO promises highly distinct EVs from all 14 brands

Stellantis CEO Carlos Tavares has said it will be “easy” for each of the company’s 14 brands to bring to market fully differentiated EVs with the four vehicle platforms and three software architectures at their disposal.

Speaking to reporters ahead of a wide-reaching Stellantis strategy announcement later today, Tavares said that one of the the company’s greatest strength is that it can share “common engineering assets” between brands, thereby boosting development efficiencies by 30% compared with rival firms. 

He added that Stellantis takes a universal approach to platform development, saying: “We don’t put any pride in saying that ‘this platform has been developed in this country by this team’. We think that’s obsolete.”

Stellantis will usher in a new family of EV platforms from late 2023 under the STLA banner – one for small cars like the Vauxhall Corsa supermini, one for medium-sized premium cars like the Peugeot 508, a larger one for “AWD performance and American muscle” cars and one for commercial vehicles.

Alongside that platform roll-out, Stellantis is working on three new AI-powered software platforms for use across its model range portfolio. It has claimed that these will generate as much as €4 billion (£3.3bn) in additional revenue by 2026 and around €20bn (£16.5bn) by 2030 via 34 million “monetisable” cars.

The move towards much greater commonality across its 14 brands suggests that Stellantis will need to invest heavily in other means of differentiation in order to ensure that each brand maintains its own distinct positioning in the market.

Asked by Autocar if four platforms and three software platforms would be enough to achieve this, Tavares said: “By far. But you tell me; you’re the judge. If the cars start looking alike, let me know.”

He added that the shared elements between cars will be “things that customers don’t see” and said they can be “customised” according to the principles and priorities of each brand. 

“Twenty-five years ago, we were discussing whether two brands could have the same platform: can a Peugeot car and a Citroën car enjoy the same platform for the sake of volume-scale effect? Twenty-five years later, it’s obvious, right?”