Stellantis unveils €60bn growth strategy with 60 new vehicle launches by 2030

Stellantis has unveiled a new €60bn strategic plan aimed at accelerating growth, profitability and technology development over the next five years, with more than 60 new vehicle launches planned by 2030.

The strategy, branded “FaSTLAne 2030”, was presented during the company’s Investor Day at its North America headquarters in Auburn Hills, Michigan, with CEO Antonio Filosa outlining a roadmap focused on brand management, technology investment, partnerships and manufacturing efficiency.

Under the plan, Stellantis will launch more than 60 new vehicles and 50 major refreshes by 2030 across all brands and powertrain types, including 29 battery electric vehicles, 15 plug-in hybrid or range-extended electric vehicles, 24 hybrid models and 39 ICE or mild hybrid vehicles.

The company said 70% of brand and product investment will be directed towards four global brands – Jeep, Ram, Peugeot and FIAT – alongside its Pro One commercial vehicle division.

Stellantis also confirmed plans to invest more than €24bn in global vehicle platforms, powertrains and new technologies over the next five years, representing around 40% of total research, development and capital expenditure during the period.

A key element of the strategy is the rollout of new technology platforms including STLA Brain, STLA SmartCockpit and STLA AutoDrive, all expected to launch in 2027. By 2030, Stellantis said 35% of global annual volumes will include at least one of these technologies.

Artificial intelligence will play a central role across the business, with Stellantis already deploying more than 120 AI applications across its operations. The company said AI would help accelerate product development, improve quality and drive efficiency across manufacturing and customer experience.

The group also outlined an expanded partnership strategy, highlighting collaborations with companies including Leapmotor, Dongfeng Motor Corporation, Tata Group and Jaguar Land Rover, as well as technology partnerships with firms such as NVIDIA, Qualcomm and Mistral AI.

As part of the plan, Stellantis aims to significantly improve manufacturing utilisation rates globally. In Europe, capacity utilisation is expected to rise from 60% to 80% by 2030 through plant repurposing and partnership arrangements, while North American utilisation is also targeted to reach 80%.

The company is additionally targeting major reductions in vehicle development times, aiming to cut cycles from as much as 40 months currently to 24 months under the new strategy.

“With the customer at the centre of everything we do, the plan will deliver our purpose – ‘to move people with brands and products they love and trust’ – powered by our unique combination of strengths.”

He added: “We have great people, the muscle of global scale, unmatched brands that connect and inspire, the deep local roots of our regions and dealer partners to meet our customers’ distinctive needs, and a relentless focus on innovation and excellence in execution.”