Stellantis Plans $70 Billion Comeback With LFP Batteries And A Tesla FSD Challenger The automaker is giving EVs another shot with cheaper batteries, a new platform, and high-tech chips for AI and autonomy. - Stellantis is trying to catch up to rivals with bold electric vehicle and autonomy plans. - It is planning to roll out dozens of new EVs and extended-range hybrids by 2030. - A new EV platform will use 800-volt architecture and lithium-iron phosphate (LFP) batteries. Stellantis, the parent company of 14 carmakers including Jeep, Ram, and Dodge, unveiled a $60 billion turnaround plan Thursday that spans new electric vehicles, better software, and higher levels of autonomy. The transatlantic automaker aims to launch dozens of new EVs and extended-range hybrids on a brand-new software-defined vehicle (SDV) platform. It's also deepening its partnership with chip giant Qualcomm to improve in-vehicle infotainment and advanced driver-assistance systems (ADAS). Jeep Wagoneer S Stellantis has struggled to keep up in the high-stakes EV and software race. Its sales and profits have cratered amid intensifying competition, and the company's EV launches in the U.S. have misfired. Both the Jeep Wagoneer S and Dodge Charger Daytona EV flopped, leaving owners frustrated by unfinished software. Earlier this year, Stellantis also pulled the plug on plug-in hybrids in the U.S. as regulations shifted, axing the Jeep Wrangler 4xe, Cherokee 4xe, and Chrysler Pacifica PHEV from its lineup to refocus on its profitable gas trucks and SUVs. Now the company is restarting from scratch. Over the next five years, it plans to launch 29 new EVs, 15 plug-in hybrids or extended-range models, 24 traditional hybrids, and 39 combustion-powered vehicles riding on the new architecture. At the heart of the plan is STLA One, a new, scalable architecture that will consolidate five existing platforms into a single platform.