Stellantis to Be Carbon Neutral by 2038
March 7, 2022—Stellantis CEO Carlos Taveras earlier this week said the automaker plans to become carbon neutral by 2038.
Taveras in a statement laid out Stellantis' 2030 long-term strategy, which includes a path toward doubling the company's net revenue over that time to $335 billion. According to a report from The Detroit News, the plan accelerates slightly the company's EV rollout commitments; the automaker is now targeting 50 percent of new vehicle sales in the U.S. being electric by 2030 instead of 40 percent.
"We are expanding our vision, breaking the limits and embracing a new mindset, one that seeks to transform all facets of mobility for the betterment of our families, communities and the societies in which we operate," Taveras said.
Stellantis recently unveiled its first all-electric Jeep, the latest step on the path toward electrification.