Stellantis, the automotive giant behind brands like Dodge, Ram, Jeep, and Fiat, has shared latest details about its upcoming electric vehicle (EV) platform for giant pickups and SUVs. The platform called the STLA Frame, is designed to support vehicles with electrified powertrains in a body-on-frame design, which contrasts with the unibody construction utilized in Stellantis’ other EV platforms for smaller vehicles. The STLA Frame is built to handle various powertrains, including battery electric vehicles (BEVs), range-extender electric vehicles (REEVs), hybrids, and even hydrogen-powered options.
What distinguishes Stellantis from competitors comparable to General Motors and Ford is its multi-energy platform strategy. As a substitute of committing solely to full electrification, the corporate goals to fulfill the varied needs of its customers, providing a spread of powertrain options. CEO Carlos Tavares stated that Stellantis is targeted on adapting to current market conditions fairly than rushing right into a full transition to electric vehicles. The STLA Frame platform will feature dual electric drive motors for all-wheel drive and is predicted to supply 500 miles of range for the BEV model, with the REEV version providing much more at 690 miles.
The primary vehicles to make use of the STLA Frame platform can be the Ram 1500 REV EV pickup and the Ramcharger range-extender pickup. While Stellantis has not officially confirmed a Jeep EV using the STLA Frame, there is theory that it may very well be a Wagoneer or Grand Wagoneer variant. Initially set for a late 2024 release, the trucks are actually expected to reach in dealerships by the primary half of 2025. Stellantis is prioritizing thorough validation and sturdiness to make sure the technology meets high standards, which has led to the delay within the rollout.
This announcement comes during a difficult period for Stellantis, as the corporate recently reported disappointing third-quarter results, including lower-than-expected revenue and shipments. The automaker also lowered its profit projections for the 12 months, citing excess inventory and a slowdown in its U.S. and China operations. Moreover, Stellantis is undergoing leadership changes, with Doug Ostermann recently taking on as CFO and CEO Carlos Tavares planning to retire in 2026. The corporate also needed to lay off 1,100 employees at its Jeep Gladiator plant in Ohio as a result of declining sales of the off-road pickup.
Despite these difficulties, Tavares stays optimistic about Stellantis’ future. He believes that the corporate’s multi-energy platform will allow it to regulate to changing market conditions and regulatory environments. With concerns about potential cuts to EV incentives under the brand new U.S. administration, Stellantis feels well-positioned to navigate any challenges. The flexibleness of its platform strategy, combined with its concentrate on durability and technology, is predicted to maintain Stellantis competitive because the industry continues to evolve.
