What is the new strategy of Stellantis?

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Stellantis, one of the world’s leading automakers, is charting a bold course for the future of mobility with its strategic plan, Dare Forward 2030. This ambitious initiative aims to redefine the company’s role in the rapidly evolving automotive landscape, with a strong focus on sustainability, customer satisfaction, and value creation.

The Vision of Dare Forward 2030
Dare Forward 2030 is a comprehensive strategy that outlines Stellantis’ commitment to leading the new era of mobility. The plan is built on four core targets to be achieved by 2030: halving carbon emissions, aiming for 100% Battery Electric Vehicle (BEV) sales in Europe and 50% in the United States, achieving the top position in customer satisfaction, and doubling net revenues.

The plan is underpinned by three fundamental pillars: Care, Tech, and Value. Care emphasizes Stellantis’ ethical responsibility to ensure sustainable mobility for customers, employees, and the planet. Tech represents the company’s ambition to embrace innovative ideas to offer clean, safe, and affordable mobility. Value reflects Stellantis’ goal to be ‘second to none’ in value creation for all stakeholders, while fostering an entrepreneurial mindset.

The Path to Carbon Neutrality
A key aspect of Dare Forward 2030 is Stellantis’ commitment to achieving carbon neutrality by 2038. This goal is part of the company’s broader efforts to combat climate change and promote sustainable mobility. Stellantis plans to reduce its carbon footprint by 50% by 2030 as an intermediate step towards this goal.

Leadership Adjustments and Strategic Partnerships
To support the implementation of Dare Forward 2030, Stellantis has made strategic leadership adjustments and formed new partnerships. For instance, the company has created a ‘liaison office’ to Leapmotor, a strategic partner, to ensure the dynamic execution of the new strategic initiatives. These initiatives include the creation of a sales joint venture and the coordination with Leapmotor on the use of Stellantis’ distribution and sales assets.

Embracing Technology and Innovation
Stellantis is also implementing a multifaceted semiconductor strategy to ensure supply security and drive innovation. This strategy includes agreements with chip makers for critical semiconductors, purchase of parts, and full visibility of future chip needs. Semiconductors play a key role in delivering capabilities and features in upcoming Stellantis BEV-centric STLA vehicle platforms and STLA AI-powered software platforms.

FAQ
What is Dare Forward 2030?
Dare Forward 2030 is Stellantis’ long-term strategic plan that outlines the company’s commitment to leading the new era of mobility with a focus on sustainability, customer satisfaction, and value creation.

What are the core targets of Dare Forward 2030?
The plan aims to achieve four core targets by 2030: halving carbon emissions, aiming for 100% Battery Electric Vehicle (BEV) sales in Europe and 50% in the United States, achieving the top position in customer satisfaction, and doubling net revenues.

What is Stellantis’ commitment to carbon neutrality?
Stellantis has committed to achieving carbon neutrality by 2038 as part of its Dare Forward 2030 plan. The company plans to reduce its carbon footprint by 50% by 2030 as an intermediate step towards this goal.

What is Stellantis’ semiconductor strategy?
Stellantis is implementing a multifaceted semiconductor strategy to ensure supply security and drive innovation. This strategy includes agreements with chip makers for critical semiconductors, purchase of parts, and full visibility of future chip needs.

Glossary
Battery Electric Vehicle (BEV): A type of electric vehicle that runs entirely on an electric motor and battery, without a conventional internal combustion engine.
Carbon Neutrality: Achieving net zero carbon dioxide emissions by balancing the amount of carbon released with an equivalent amount sequestered or offset.
Semiconductor: A material that has a resistivity value falling between that of a conductor, such as metallic copper, and an insulator, such as glass. Semiconductors are the foundation of modern electronics, including transistors, solar cells, light-emitting diodes (LEDs), and digital and analog integrated circuits.
Stakeholders: Any individual, group, or organization that can affect, be affected by, or perceive itself to be affected by a firm’s actions. In the context of Stellantis, stakeholders include employees, customers, shareholders, and the communities in which it operates.