Peugeot: new models for Europe will only be EVs by 2030

By 2030, Peugeot will only release new models that are fully electrically powered. This promise is limited to only new Peugeot models released in Europe.

Peugeot’s CEO Linda Jackson tells Automotive News Europe that this fits in with the transition from internal combustion engines to fully electric drives at parent company Stellantis. The company will still maintain Peugeot models with combustion engines by 2030; which are intended for the international market. Jackson seems to suggest that the latter is necessary from an economic perspective.

The brand is ahead of the EU’s timeline with this aim of introducing only all-electric new Peugeot models in Europe by 2030. The European Commission wants to ban the combustion engine in new cars by 2035. Other Stellantis brands have similar ambitions. For example, DS, Alfa Romeo and Opel will switch completely to electric drives in 2026, 2027 and 2028 respectively.

Earlier, Stellantis said that by 2030, more than 70 percent of sales in Europe should be in low-emission vehicles, either fully electric battery or hybrid vehicles. For the United States, that should be more than 40 percent. Ultimately, all fourteen brands of Stellantis will offer fully electric vehicles.

Earlier this year, Stellantis announced its intention to step up its existing electrification plans. That means an investment of thirty billion euros in electrification and software that will run until 2025. Part of those plans is the introduction of four new platforms for electric cars with ranges of up to 500, 700 and 800 kilometers. Stellantis also wants to invest in large battery factories. A total of five of these should be in the US and Europe; by 2025, total capacity should reach 130GWh, which should be doubled by 2030.

The Peugeot 208, of which an all-electric variant has also been released.