{"id":291179,"date":"2021-07-05T16:18:00","date_gmt":"2021-07-05T13:18:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/the-stellantis-ev-day-is-coming-heres-what-to-know\/"},"modified":"2021-07-05T16:18:00","modified_gmt":"2021-07-05T13:18:00","slug":"the-stellantis-ev-day-is-coming-heres-what-to-know","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/the-stellantis-ev-day-is-coming-heres-what-to-know\/","title":{"rendered":"#: The Stellantis EV day is coming. Here\u2019s what to know."},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3d1f608436a\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3d1f608436a\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/the-stellantis-ev-day-is-coming-heres-what-to-know\/#Callum_Keown\" >Callum Keown<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#: The Stellantis EV day is coming. Here\u2019s what to know.<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\">\n<\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div class=\"article__side\">\n<div class=\"container--sticky not-active\">\n<div id=\"cx-next\" data-nosnippet>\n              <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000326198\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div data-layout=\"\n                inline\" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetArticleReader\n              \n              inline\n  article__inset\n          article__inset--type-InsetArticleReader\n              article__inset--inline\n  \"><\/p>\n<div class=\"media-object-article-reader\">\n<div class=\"audioplayer\" data-sbid=\"WP-MKTW-0000326198\" role=\"region\" aria-label=\"Listen to Article\" tabindex=\"-1\" id=\"articlereader\" data-show-title=\"false\" data-theme=\"wsj-article-reader\" data-show-header=\"false\" data-show-subscribe=\"false\" data-ads-enabled=\"true\" data-save-publication=\"false\">\n        <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>       Stellantis, the world\u2019s fourth-largest car maker, will host its EV Day on Thursday and unveil more details around its electrification strategy.<\/p>\n<p> The company, formed earlier this year through the merger between Fiat Chrysler Automobiles and Peugeot, already has an electric-vehicle strategy, which it set out in April.<\/p>\n<div class=\"paywall\">\n       However, Bank of America<br \/>\n        BAC,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/200894270\/composite\" class=\"negative\">-0.94%<\/bg-quote><br \/>\n       analysts said Thursday\u2019s event was a chance for Stellantis to better explain it to investors, adding that it could also reduce the stock\u2019s valuation discount.<\/p>\n<p>They noted that Stellantis<br \/>\n        STLA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/209202731\/delayed\" class=\"positive\">+1.21%<\/bg-quote><\/p>\n<p>        STLA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/204248628\/composite\" class=\"negative\">-0.40%<\/bg-quote><br \/>\n       currently trades at a discount to its peers, with a forward price-to-earnings (P\/E) ratio of 6.5x, based on consensus earnings estimates, but 5x based on BoA estimates. That compares with Ford<br \/>\n        F,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/208911460\/composite\" class=\"positive\">+0.13%<\/bg-quote><br \/>\n       and GM<br \/>\n        GM,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/205226835\/composite\" class=\"negative\">-0.25%<\/bg-quote><br \/>\n       at 8-10x and German car manufacturers Volkswagen<br \/>\n        VOW,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/206919008\/delayed\" class=\"positive\">+0.29%<\/bg-quote><br \/>\n       and Daimler<br \/>\n        DAI,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/201850364\/delayed\" class=\"negative\">-0.09%<\/bg-quote><br \/>\n       at around 7x.<\/p>\n<p>\u201cThe upcoming EV Day is an important event, where Stellantis can explain how they aim to be an innovator rather than a legacy OEM [original equipment manufacturer], which may help reduce that valuation discount,\u201d they said. The analysts maintained their buy rating on the stock with a target price of \u20ac21, a 26% upside to Friday\u2019s closing price.<\/p>\n<p><strong>Read:<\/strong> This key region is the focus of new electric-vehicle battery production among global auto giants<\/p>\n<p>In April, the company set out targets to offer an electrified version of close to 100% of its models by 2025, expecting EV sales to account for 38% of its total sales in Europe and 31% in the U.S. by then. By 2030, it aims for 70% of its total sales in Europe to be EVs and 35% in the U.S., with almost all of those EV sales being battery-electric vehicles (BEV).<\/p>\n<p>Reaching those targets would put the company ahead of Hyundai, GM and Ford in terms of BEVs sold globally, and only just behind Volkswagen, BoA analysts said.<\/p>\n<p>The group has grown market share in Europe so far in 2021, accounting for 16.8% of new BEV registrations in the region from January to May, according to automotive analyst Matthias Schmidt. That puts it second behind Volkswagen \u2014 25.7% \u2014 and ahead of the Renault-Nissan alliance with 12.3% and Tesla with 11.5%.<\/p>\n<p>BoA analysts expected Stellantis to deliver a \u201cbullish message\u201d on Thursday to make it clear to investors the company wouldn\u2019t be left behind in the electric revolution.<\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<p>\u201cIn our view, the only thing that Stellantis has to do is to put the various puzzle pieces together and explain some more details on essential strategy items (i.e. on battery chemistries, cell <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a>, cost assumptions for the EV line up, differences in planning between North America and Europe, capex requirements, etc.),\u201d they said.<\/p>\n<p><strong>Read:<\/strong> 15 electric cars (and trucks) to watch in 2022<\/p>\n<p>Stellantis is also reportedly set to announce plans to produce electric vans at its Ellesmere Port factory in northwest England.<\/p>\n<p>The decision would secure the long-term future of the factory, which currently produces Vauxhall cars \u2014 also owned by Stellantis. The investment is expected to be in the \u201clow hundreds of millions of pounds,\u201d the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/abb2233c-1afe-41b2-8478-ef747a419294\" class=\"icon none\">Financial Times reported<\/a>.<\/p>\n<p>It would be another boost for the U.K. after Nissan unveiled plans to build a \u00a31 billion ($1.4\u00a0billion) electric-car hub in the north of England last week. That includes a battery plant, a battery recycling facility and the production of a new electric model.<\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>      <span>By<\/span><\/p>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Callum Keown\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Callum_Keown\"><\/span>Callum Keown<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B20C05575-04D4-B545-74FA-36C05DF64D1F%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#: The Stellantis EV day is coming. Here\u2019s what to know.&#8221; Stellantis, the world\u2019s fourth-largest car maker, will host its EV Day on Thursday and unveil more details around its electrification strategy. The company, formed earlier this year through the merger between Fiat Chrysler Automobiles and Peugeot, already has an electric-vehicle strategy, which it set&#8230;<\/p>\n","protected":false},"author":1,"featured_media":291180,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-291179","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/291179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=291179"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/291179\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/291180"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=291179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=291179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=291179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}