AMSTERDAM -- Chrysler parent Stellantis said it aims to maintain double-digit returns through 2030 as the company speeds up the electrification of its sprawling model lineup across brands including Jeep, Ram, Peugeot and Fiat.
The automaker also targets doubling its net revenue to 300 billion euros ($335 billion) a year by the end of the decade by cutting costs and deriving extra revenue from new services.
Presenting its new strategic plan called Dare Forward 2030, Stellantis said it plans for 100 percent of its sales in Europe and 50 percent of sales in the U.S. to be battery-electric vehicles by the end of the decade.