The redesigned Fiat 500e, already on sale in Europe, will launch in the U.S. early next year.
Ram then will take on the Ford F-150 Lightning and Chevrolet Silverado EV with its 1500 REV pickup in late 2024.
Further down the line, an electric Chrysler crossover arrives in 2025 and a midsize Ram pickup with an electric variant could emerge in 2026.
However, all of these battery-powered entries are expected to have price tags topping the US$25,000 range in the United States that Stellantis CEO Carlos Tavares said is the “sweet spot” for affordable EVs.
Tavares and other company officials have spoken repeatedly about the high costs associated with the industry’s shift to electrification.
“That’s the elephant in the room for everybody,” Ram CEO Mike Koval Jr. said at the 1500 REV unveiling in April. “The cost of electrification is expensive, so for sure we need to make sure that we protect the profitability of our current in-market [internal combustion engine] business to help fund the transition to electrification.”
Several brands already have set targets for when they will drop gasoline engines, with Alfa Romeo going fully electric by 2027 and Chrysler by 2028.
Stellantis is planning for EVs to make up half of its passenger car and light-duty truck sales mix in the U.S. by 2030, while aiming for 100 percent in Europe during that time frame.