Stellantis reported important development within the European (EU) electrified market through the first 4 months of 2024.
“Our first months’ outcomes mirror the powerful business competitors, in absence of incentives in lots of important European markets.
“We’re main the transition to electrification in a lot of our key nations and our business car supply stays unmatched. Robust gross sales pattern, a sturdy order backlog, and enhancing order consumption recommend a optimistic affect additionally within the second quarter. With the launch of over 25 new made in Europe fashions throughout all manufacturers, we anticipate additional momentum all year long,” mentioned Uwe Hochgeschurtz, Stellantis Chief Working Officer, Enlarged Europe.
Stellantis reported over +6% year-over-year within the BEV market throughout 10 main markets in Europe, together with France, Portugal, and Poland. The European automaker captured 14.1% YTD market share within the EU29.
Stellantis has been repeatedly collaborating and investing in electrical car manufacturing inside Europe lately.
In January 2024, Stellantis Enterprise invested in France-based Tiamat to develop its growing and commercializing sodium-ion battery expertise. The European automaker is exploring totally different battery applied sciences because it transitions to battery electrical car (BEVs) gross sales. It is usually contemplating a partnership with CATL from China.
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