Stellantis: Green Energy for Its European Factories
This page is translated from the original post "Stellantis : une énergie verte pour ses usines Européennes" in French.
- 23/12/2022 17:00
By 2025, Stellantis plans to produce 50% of its energy needs for its European factories using various eco-responsible resources.
Stellantis continues its ecological transition. After inaugurating the factory dedicated to manufacturing M3 electric motors (Restyled DS3 E-Tense, Restyled Peugeot e-208, Jeep Avenger, Opel Mokka Electric), Stellantis aims to produce 50% of the energy required for its European factories. All of this by 2025. To achieve this, it aims to rely on wind power, geothermal energy, or solar energy.
Stellantis aims to reduce its CO2 emissions
Stellantis plans to cut its bills and carbon footprint, alongside expanding its electric vehicle range. The rising energy costs are not expected to hinder Stellantis’s battery factory projects in Europe. Carlos Tavares, the group’s CEO, assures, he prefers to think that the increase in energy costs is temporary, “short-term,” he emphasized in front of the press.
Carlos Tavares inaugurated on Monday, December 19, 2022, the factory that manufactures M3 electric motors. Located in Tremery, Moselle, it has created 200 jobs, and is expected to assemble over 200,000 motors annually. Production could reach up to a million motors by 2024 if the electric car market continues to grow.
Stellantis might continue to produce hybrid cars. Only if electric vehicle prices do not fall and they are not adopted by middle classes. “We are trying to create a kind of feedback loop that ensures solutions for everyone at the end of the day,” warned Carlos Tavares. The year 2023 is likely to be marked by an economic slowdown and rising interest rates. In North America, these already slow down new and used car sales. According to Tavares, “the same will happen in Europe.”
Also read: Energy voucher: can it be used for your electric car?
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