Stellantis (NYSE:STLA) revealed their latest innovation, the STLA Medium, a global BEV-by-design platform with state-of-the-art features including best-in-class range of 700 kilometers (435 miles), unparalleled energy efficiency, as well as advanced capabilities for embedded power and charging.
The With its remarkable versatility and extended range, the STLA Medium platform presents an ideal solution for accommodating a wide range of vehicles and propulsion setups within the highly significant C- and D-segments. These segments alone contributed to an impressive 35 million vehicle sales in 2022, accounting for nearly half of the global total of 78.5 million vehicles sold that year.
Stellantis currently offers an extensive lineup of 26 vehicle models across various platforms within these segments. Leveraging the STLA Medium platform, multiple production facilities worldwide will have the capacity to manufacture up to two million vehicles annually, with European production commencing this year.
“What we see today is the product of just over two years of no-compromise innovation to deliver clean, safe and affordable mobility, supported by our €30 billion investment in electrification and software through 2025,” said Carlos Tavares, Stellantis CEO. “The STLA Medium platform demonstrates the power of the global Stellantis technical community, delivering products that are hyper-focused on our customers and rewriting long-held assumptions of transportation as we drive for carbon net zero by 2038.”
Vehicles based on STLA Medium will be sold globally and can cater to customers looking for vehicles with front-drive propulsion or all-wheel drive with the addition of a second electric drive module at the rear. With this setup, the BEV power output ranges from 160 to 285 kW, ensuring a dynamic and exhilarating driving experience.
Shares of STLA are down 1.46% in mid-day trading on Wednesday.