Stellantis will go "full throttle" on battery-electric vehicles to meet emissions goals in Europe and the U.S., as hybrid powertrains eventually "disappear," CEO Carlos Tavares said.
Tavares has not yet committed Stellantis, which has 14 brands and home bases in France, Italy, Germany and the U.S., to a date when it will sell only zero-emission vehicles but, he said, "The societies in which we operate will trend toward a ban on internal combustion engines."
Automakers are racing to develop electric vehicles to meet tighter CO2 emissions targets in Europe, and this week Volvo joined a growing number of automakers including Ford of Europe, Jaguar and Bentley aiming for a fully electric lineup in the near future.
"We are going full throttle on battery-electric vehicles, as we believe the mix of sales within electrified vehicles will move very fast to pure BEVs," he said this week at a financial results conference for the two automakers that combined to for…