“ To not be outdone, the Stellantis Group (formerly FCA and umbrella company to Chrysler, Jeep Dodge, Fiat, Alfa Romeo, Maserati and a number of others) announced in July that it, too, might
be investing $35 billion in the direction of its electrification efforts by 2025
and could have 55 electrified automobiles (forty BEVs, 15 PHEVs) out there in the US
and European markets by the end of that 12 months.
Hyundai, alternatively, unveiled its Ioniq 5 SUV in February with plans to launch it this
winter alongside promises that its Genesis line of vehicles will go solely electric by the
center of this decade. The startup has massive plans
for the longer term as effectively. This yr, the corporate also announced plans
to put in 10,000 charging stations throughout North America by 2023, unveiled a membership plan for homeowners providing
each Roadside and off-Roadside Help as well as exclusive OTA
software program updates, and outlined its
Distant Care program which might provide remote diagnoses
and on-site repairs for the electric trucks. ”