Stellantis N.V. unveiled Dare Forward 2030, its bold strategic plan for the coming decade that will drive Stellantis employees to be ‘second to none’ in value creation for all stakeholders. Stellantis commits to becoming the industry champion in the fight against climate change, reaching carbon net zero emissions by 2038.
“Dare Forward 2030 inspires us to become so much more than we’ve ever been. We are expanding our vision, breaking the limits and embracing a new mindset, one that seeks to transform all facets of mobility for the betterment of our families, communities and the societies in which we operate.
Powered by our diversity, Stellantis leads the way the world moves by delivering innovative, clean, safe, and affordable mobility solutions” says Stellantis CEO Carlos Tavares.
Stellantis will be the industry champion in climate change mitigation, becoming carbon net zero by 2038, with a 50% reduction by 2030. Taking a leadership role in decarbonization, as well as a decisive step forward in the circular economy, is our contribution to a sustainable future.
As part of that leadership, Stellantis is setting the course for 100% of sales in Europe and 50% of sales in the United States to be battery electric vehicles (BEVs) by the end of this decade. We plan to have more than 75 BEVs and reach global annual BEV sales of five million vehicles by 2030.
The company presented the Jeep® brand’s first-ever fully electric SUV launching in early 2023 and a preview of the new Ram 1500 BEV pickup truck arriving in 2024. Our journey is fueled by a focus on innovation and engineering excellence that will put the latest technology into all our vehicles – from the most affordable to the high-performance and luxury – all offered through the extensive product portfolio of our incredible and unique house of brands.
Dare Forward 2030 Key Facts:
FOUNDATION
Diversity, operational excellence, house of iconic brands, and a thoughtful product portfolio are Stellantis’ ‘second to none’ differentiators propelling the Company forward.
Community of employees spans 170 nationalities across six regions
Achieve 100% of the €5 billion annual cash merger synergies target by the end of 2024
Maintain break-even point at less than 50% of consolidated shipments
Global BEV sales of five million units in 2030, reaching 100% of passenger car BEV sales mix in Europe and 50% passenger cars and light-duty trucks in the United States
Lead industry with more than 75 BEVs, including the Jeep brand’s first 100% battery-electric SUV launching in early 2023, followed by the Ram ProMaster BEV later in 2023 and the Ram 1500 BEV pickup truck in 2024
Specific U.S. product offensive of more than 25 all-new BEVs
New car revenues from premium and luxury vehicle segments to increase fourfold
TECH
Stellantis’ ambition is to embrace breakthrough ideas to offer innovative, clean, safe and affordable mobility.
Confirm EV Day and Software Day commitments
Increase planned battery capacity by 140 gigawatt-hours (GWh) to approximately 400 GWh
Expand hydrogen fuel cell technology to large vans in 2024; first U.S. offering in 2025; further expands to heavy-duty trucks
With Waymo, pave the way for sustainable “Delivery as a Service”
Announce Stellantis Corporate Venture Fund with €300 million initial funding for advanced technologies adoption
CARE
Ethical responsibility is at the core of Stellantis to ensure a sustainable future of mobility for our customers, our employees, and our planet.
50% carbon emissions reduction by 2030, compared with 2021 metrics, on the way to carbon net zero by 2038
Circular economy “cradle-to-cradle” business unit
Target top rankings for customer satisfaction across products and services
Women to hold at least 35% of leadership roles
Double the number of leaders with profit and loss responsibility
Roll out Software and Data and Electric academies to support transformation
VALUE
Stellantis’ ambition is to be ‘second to none’ in value creation for all stakeholders while unleashing an entrepreneurial mindset.
Reach one-third of global sales online in 2030; launch a global digital marketplace offering customers a seamless journey through the entire Stellantis galaxy of products and services
More autonomy to seven accretive businesses: mobility, financial services, pre-owned cars, aftermarket, data as-a-service, circular economy, commercial vehicles
Leadership in commercial vehicle market powered by 26 new launches and electric offerings in all segments, including new Ram 1500 BEV
More than 25% of global Net Revenues coming from regions outside Enlarged Europe and North America
China: Plan for asset-light business model to reduce fixed costs and limit exposure to geopolitical risk, with Net Revenues of €20 billion
FINANCIAL
Stellantis will manage the transition period toward electrification while delivering double-digit Adjusted Operating Income (AOI) margins and maximizing shareholder value.
Net Revenues to double to €300 billion by 2030 while sustaining double-digit AOI margin through the entire plan period
Generate more than €20 billion in Industrial Free Cash Flows in 2030
Target a 25-30% dividend payout ratio through 2025 and the repurchase of up to 5% of outstanding common shares
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