Stellantis unveils $70B strategy

Stellantis has announced a major five-year strategic plan that will see the automaker invest €60 billion ($70 billion) to launch 60 new models by 2030.

The 'FaSTLAne 2030' plan focuses on four core brands: Jeep, Ram, Peugeot, and Fiat.

As part of the strategy, the company has partnered with UK autonomous driving startup Wayve to equip future vehicles with advanced self-driving technology.

The massive investment aims to solidify Stellantis' position in the global electric vehicle market while navigating rising component costs and supply chain volatility.