Tuesday, December 7, 2021

Electric cars: Stellantis (NYSE:STLA)

The Airflow will be Chrysler’s first all-electric vehicle and is due to hit roads in 2025. Chrysler plans to be an all-electric producer by 2028.
  • Chrysler is one brand inside of Stellantis, along with Fiat and Peugeot. Stellantis wants 70% of its new cars sold in Europe to be all-electric by 2030, along with 40% of its new cars sold in the U.S. 
  • PHOTO: Chrysler's Airflow all-electric concept sedan. COURTESY STELLANTIS
Stellantis (ticker: STLA) brand Chrysler unveiled a self-driving concept EV at the Consumer Electronics Show in Las Vegas. The new car is just the start for the former member of the Detroit-three group of auto makers. Chrysler wants to sell only electric vehicles by 2028.

The Chrysler Airflow is an all-electric sedan that will house Stellantis’ most advanced vehicle technologies. An Airflow, for instance, will be equipped with level three autonomous driving capabilities. That means drivers can safely stop paying attention to the road under certain, limited circumstances. Today’s autonomous driving features are classified as level two. That means cars can do a lot for drivers such as manage speed and even change lanes, but drivers still need eyes on the road 100% of the time.

In addition to self-driving technologies, an Airflow will include STLA SmartCockpit, which personalizes the driving experience, connecting work and home devices for a user. Per charge range is targeted at 350 to 400 miles. Pricing isn’t available yet.

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