Saturday, July 27, 2024

Peugeot Going EV-Only Brand In Europe By 2030, CEO says

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Peugeot will focus on electric vehicles for Europe, and will become Europe’s only electric vehicle manufacturer by 2030, CEO Linda Jackson has confirmed.

Peugeot, now under Stellantis, will not launch any more ICE cars in Europe after 2030, but will retain them for other markets outside Europe, Jackson said.

“When we switch to a new platform, STLA Small, Medium, Large, by 2030 in Europe all of our models will be electric,” Jackson told Automotive News Europe.

The European Union has proposed regulations requiring all new cars sold in Europe by 2035 to be zero-emissions. If so Peugeot means it will comply with the regulatory proposal five years early.

Meanwhile, other brands such as DS will only launch full electric models after 2026, Alfa Romeo in 2027, and Opel/Vauxhall in 2028.

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