Stellantis has made significant strides in its financial performance, as indicated by the latest reports. Here’s a summary of the most recent financial information:
Recent Financial Information of EV Company Stellantis:
| Financial Aspect | Details |
|---|---|
| Revenue | $191.4 billion (2022) |
| Net Income | $17.9 billion (2022) |
| EBIT Margin | 13% (2022) |
In 2022, Stellantis reported a net profit of $17.9 billion, an increase from the previous year, with a revenue of $191.4 billion. The company achieved a 13% EBIT margin, surpassing its target and reflecting strong operational performance despite global economic challenges.
Stellantis’ EV lineup is a significant contributor to its strategic direction, with the company investing heavily in electrification. The launch of new models and the expansion of its EV range are central to its “Dare Forward 2030” strategic plan, aiming to double revenues and maintain a 12% margin. The introduction of 23 all-electric models worldwide, with nine more expected, highlights the company’s commitment to leading the transformative journey towards zero-emission vehicles. Here are a few of their EV offerings, from EV Platforms to their ambitious initiatives.
Stellantis EV Lineup and Initiatives
- Global BEV Platforms: Stellantis has developed four global battery electric vehicle (BEV) platforms to support its electrification strategy. These platforms are designed to be BEV-by-design, ensuring that the vehicles built on them are optimized for electric propulsion.
- EV Day 2021 Announcements: On EV Day 2021, Stellantis announced ambitious plans for electrification, including the goal for 100% of sales in Europe and 50% of sales in the United States to be BEVs by the end of this decade. They also plan to offer more than 75 battery electric vehicle models globally.
- Ram ProMaster EV: The flurry of electric options begins with the Ram ProMaster EV, slated to debut this year. This vehicle is part of Stellantis’ portfolio overhaul, which is kicking into high gear with a focus on electrification.
- New EV Platform for Electric Cars and SUVs: Stellantis has revealed a new EV platform, the STLA Medium, designed to power electric cars, crossovers, and SUVs. This platform features a standard range of up to 310 miles (500 km WLTP) that can be scaled up to 435 miles (700 km) with a performance pack. It can charge from 20% to 80% in just 27 minutes and will be offered in front-wheel and all-wheel drive with power outputs ranging from 160 kW to 285 kW.
- Jeep Avenger: The Jeep Avenger is the brand’s first EV, measuring 4.08 m long and is based on the new STLA Medium platform. It represents Stellantis’ commitment to bringing robust and capable electric vehicles to the market.
Recent news events, such as the planned launch of the Ram ProMaster commercial van in North America, have the potential to influence Stellantis’ stock positively. The company’s stock has shown resilience and growth prospects, reflecting investor confidence in its strategic initiatives and financial health.
