Stellantis Extends Benchmark Hybrid Powertrain to More Nameplates to Satisfy European Customer Demand
Stellantis is expanding its hybrid powertrain offerings to meet growing demand in Europe. The company plans to release 30 hybrid models this year and six new ones by 2026, utilizing innovative eDCT technology for improved performance, fuel economy, and reduced CO2 emissions. Stellantis has seen a 41% increase in hybrid sales in 2024 compared to 2023. The company aims for a 100% battery electric vehicle sales mix in Europe by 2030, investing over €50 billion in electrification. Stellantis' hybrid vehicles offer a cost-effective alternative to fully electric cars, and the eDCT system supports seamless transitions between electric and hybrid modes.
- Stellantis plans to offer 30 hybrid models in Europe this year and six more by 2026.
- 41% increase in hybrid model sales YTD 2024 compared to YTD 2023 in the EU30.
- Stellantis is investing over €50 billion in electrification over the decade.
- Hybrid powertrains achieve up to 20% fuel economy improvement and CO2 reduction.
- Most hybrid models equipped with eDCT technology for improved efficiency and performance.
- None.
Insights
The extension of Stellantis' hybrid powertrain to more nameplates represents a strategic move to generate revenue in the growing hybrid market. Increasing the number of models from 30 this year to an additional six by 2026 suggests planned scalability and an aggressive approach to capturing market share. The 41
From a financial perspective, the immediate benefit could be an improvement in revenue streams and margins, given the higher average selling price of hybrid vehicles compared to traditional combustion engines. The long-term prospects appear promising, contingent upon continued consumer acceptance and competitive positioning. However, investors should be mindful of the substantial
This development underscores Stellantis' commitment to responding to market dynamics and consumer preferences. The introduction of eDCT hybrid technology aligns well with the European market's demand for cleaner, more efficient vehicles. The broadening of the hybrid lineup to include various brands like Alfa Romeo, Jeep and Peugeot can attract a diverse customer base, from luxury to mid-range segments.
The anticipated increase in customer take rate with new launches also suggests effective market penetration strategies. Investors should note the competitive advantage provided by Stellantis' multi-energy platforms, which allow flexibility in manufacturing and can adapt to varying consumer demands. This nimbleness might be critical in maintaining market leadership amid evolving regulatory landscapes and shifting consumer preferences.
The integration of the innovative eDCT (electrified dual-clutch transmission) technology is a significant technical advancement. This system's ability to switch seamlessly between electric and hybrid modes during low-speed driving offers a superior driving experience and cuts CO2 emissions. The 20
Additionally, the high component commonality (93
Stellantis Extends Benchmark Hybrid Powertrain to More Nameplates to Satisfy European Customer Demand
- Company will have 30 hybrid models available in Europe this year and six new launches planned through 2026
- Innovative electrified dual-clutch transmissions (eDCT) offer supreme performance as an affordable hybridization technology
- Strong energy recuperation during deceleration helps achieve up to
20% fuel economy improvement and equivalent CO2 reduction, compared to an internal combustion powertrain 41% sales increase in 2024 YTD against 2023 YTD in EU30 hybrid models and expected customer take rate increase with new launches- Unique multi-energy platforms and a flexible manufacturing strategy enable Stellantis to offer customers freedom of choice across its 14-brand portfolio
AMSTERDAM, July 9, 2024 – Leveraging its unique multi-energy approach, Stellantis is swiftly reacting to the quick ramp-up of customer orders in Europe for hybrid models, especially those with the newest eDCT advanced hybrid technology. The Company will offer 30 hybrid models this year and plans to introduce six more through 2026. Hybrid variants deliver exceptional driving experience while ensuring reduced CO2 emissions at a more affordable price point than fully electric and plug-in hybrid vehicles.
Stellantis achieved a
“In an era where sustainability meets innovation, Stellantis remains at the forefront with our ultimate commitment to advancing hybrid technology for our European customers,” said Uwe Hochgeschurtz, Stellantis Chief Operating Officer, Enlarged Europe. “This technology not only enhances the efficiency and performance of traditional combustion engines, it also propels us toward a future of lower emissions, extended vehicle range and overall affordability for our customers.”
Stellantis-brand Hybrid Vehicles Available Now or Coming Later This Year in Europe:
- Alfa Romeo Junior and Tonale
- Citroën New C3, New C3 AirCross, C4, C4X, C5 AirCross, C5X
- DS 3 and DS 4
- Fiat Panda and 600
- Jeep® Avenger, Renegade and Compass
- New Lancia Ypsilon
- Maserati Grecale
- Opel/Vauxhall Corsa, Astra, Astra SportsTourer, Mokka, Frontera, New Grandland
- Peugeot 208, 308, 308 SW, 408, 2008, New 3008, New 5008
Stellantis Hybrid Models
Stellantis offers a range of technologies - hybrid, plug-in hybrid and fully electric - by leveraging its multi-energy manufacturing footprint to ensure a suitable option for various customer preferences, driving needs and vehicle sizes. Hybrid-powered vehicles harvest kinetic energy that would otherwise be lost during braking and deceleration. This energy is stored in a compact, lightweight battery and reused during acceleration, contributing to a more efficient driving experience.
“We have a very competitive hybrid solution that we are now ramping up with our new eDCT technology and we are rolling it out across a wide range of models, making it accessible to many customers,” said Sébastien Jacquet, Stellantis Deputy Chief Engineering Officer. “Hybrids are easy to use and don’t require any change in driving habits compared to traditional internal combustion engine vehicles. Our advanced eDCT technology allows the internal combustion engine to remain off, particularly during low-speed driving, resulting in reduced CO2 emissions and fuel consumption. This is not just innovation; it’s innovation within reach of everyone.”
eDCT Hybrid Advanced Technology
Most Stellantis-brand hybrid vehicles in Europe are now equipped with the state-of-the-art eDCT tech and its integrated 21-kW electric motor, providing an exceptionally seamless and easy driving experience, including pure electric driving, for example in city driving conditions. The electric motor enables the vehicle to travel with the internal combustion engine turned off during driving. The system’s 48-volt, 0.9-kWh battery delivers up to 1 km of range in steady driving and can also provide some electric propulsion during light-load cruising or coasting. During coasting and braking, the electric motor switches to a generator function, capturing kinetic energy and feeding electricity into the battery. A Belt Starter Generator enables a swift and seamless transition between electric mode and hybrid one.
The eDCT-based hybrid powertrain system is engineered for optimal fuel efficiency, achieving up to
Stellantis is currently producing hybrid vehicles in more than
Stellantis is investing more than
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About Stellantis
Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world’s leading automakers aiming to provide clean, safe and affordable freedom of mobility to all. It’s best known for its unique portfolio of iconic and innovative brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Stellantis is executing its Dare Forward 2030, a bold strategic plan that paves the way to achieve the ambitious target of becoming a carbon net zero mobility tech company by 2038, with single-digit percentage compensation of the remaining emissions, while creating added value for all stakeholders. For more information, visit www.stellantis.com.
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| For more information, contact: Fernão SILVEIRA +31 6 43 25 43 41 – fernao.silveira@stellantis.com Massimo DE MICHELI +39 335401530 – massimo.demicheli@stellantis.com communications@stellantis.com www.stellantis.com | ||||||||
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1 January to May 2024 versus January to May 2023; figures based on internal and third-party public sources.
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