FIAT CHYSLER new 5 year electric plan

Discussion in 'Fiat/Chrysler' started by jim, Jun 6, 2018.

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  1. jim

    jim Active Member

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  3. Scramjett

    Scramjett Member

  4. jim

    jim Active Member

    Here a summary you don't have to subscribe too.

    and here's a few highlights from it in case you can't get the link.

    Under Fiat's plan through 2022, it will invest €9 billion ($10.5 billion) to develop electric engines and expand offerings of EVs. Also, roughly 15% of the company's planned €45 billion spending will be used for its combustion engine technology. Fiat's core brands that use combustion engines are Jeep SUVs, Ram pickups, and Alfa Romeo and Maserati luxury cars. The company anticipates these brands to contribute roughly 80% of total revenues in 2022 compared with the current contribution of 65%. The company aims to double its operating profit to €16 billion ($18.71 billion) at the end of its five-year strategy.

    Further, all the new models under Jeep, Maserati and Alfa Romeo brands to be launched in the next five years will also have some version of electrified powertrains while the truck brand, Ram will have alternative powertrain for high-end premium trucks only
  5. Scramjett

    Scramjett Member

    Hmmm, nothing in there about the Pacifica or the future of the Chrysler brand. That’s concerning.
    Domenick likes this.

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