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More carmakers set to go fully electric

  • Published at 11:44 am August 7th, 2021
Alfa Romeo

Stellantis have announced its big plans to launch electric cars from next year

Every week global automakers are announcing their move to become fully electric. This week two auto giants—Alfa Romeo and Dodge have announced their big plans to meet the regulations imposed on all car manufacturers. This move was taken to go green completely by reducing CO2 emissions, in order to tackle climate change.

Stellantis is the sixth largest automaker in the world after Volkswagen Group, Toyota, the Renault-Nissan-Mitsubishi Alliance, General Motors and Hyundai Motor Group. Some of the world-famous brands under Stellantis are Alfa Romeo, Chrysler, Jeep, Maserati, Dodge and a few more companies that are focused on the American and European markets.

Carlos Tavares is the current CEO of Stellantis—for those who don’t know it is a newly formed multinational automotive manufacturing corporation.  Even though Tavares has openly admitted that he doesn’t think going electric is the solution, he still gave the brands under Stellantis a ten-year deadline to turn things around. In order to stay in touch with the current market and with imposed regulations, the only way to go is to manufacture hybrids and EVs.

In line with Tavares’s instructions, Alfa’s CEO Jean Philippe announced that Alfa will be one of the first brands under Stellantis to be fully electric, with a new plug-in hybrid electric vehicle (PHEV) next year and an all-electric range of vehicles for the Chinese, American and European markets by 2027.

Alfa is famous for producing legendary engines, with the likes of the Twin Spark, the V6 Arese and the Boxer. These iconic engines will be compelled to be put in the achieves as the decision has been made by the Italian manufacturer to go fully electric by 2027.

Another brand under the same umbrella—Dodge is set to release its first electrified car next year. The American automaker is yet to give any details regarding this matter. At present, the automaker doesn’t have many options as it only has three different models in its lineup. The models are the Charger, Durango and the Challenger. Many are assuming the automaker might come up with an entirely different model for its EV lineup.

However, many assume that Dodge might go for Durango to be electrified as that seems like the perfect move for them. Mainly as it’s an SUV, and the PHEV market for SUVs are increasing, another vehicle Jeep Grand Cherokee which shares the same platform as the Durango also will be available in hybrid form soon. Its rival the Ford Explorer has already offered hybrid versions in the US market—all of which suggests what model Dodge might go for.

Earlier in July, the automaker also announced its intention to launch an all-electric muscle car in 2024. According to the company’s CEO, Tim Kuniskis, the company is to brand the “American eMuscle” in a way that has ever been done before. “The upcoming EV will tear up the streets, not the planet,” he added.

To get an overview of the American car market for EVs, the market is growing but at a snail’s pace. Evs accounted for only 2% of the US new car market. Historically, the bigger the engine, the more popular the car is to American consumers.

One might wonder why the automakers are trying to move towards going electric so aggressively. The reason behind that is the emission standards are getting more and more difficult to reach using gasoline-powered engines. Also in order to cater to the European market, where stricter regulations are imposed, the automakers have no choice but to go electric.

The state of California in the US has passed laws that require automakers to build EVs and has given many incentives to encourage Californians to purchase them. More states are likely to follow suit.

The fastest growth in EV sales has been in Europe with an annual growth rate of 60% from 2016 to 2020 compared to 17% in the US. In 2020, almost 74% of all the car sales in Norway were EVs and more than 50% in Iceland. 

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