Stellantis will not promote electrified automobiles similar to hybrids and all-electric fashions at a loss like different automakers have, CEO Carlos Tavares mentioned Friday.

Tavares, who has been skeptical round client adoption of EVs, mentioned the corporate is at the moment earning money on its electrified automobiles and can proceed to take action with its next-generation automobiles, which Stellantis launched further particulars of Friday.

“Being in Europe as a lot as within the U.S., we’re earning money with the electrified automobiles,” Tavares mentioned throughout a roundtable Friday. “We’re earning money, and it’s in our self-discipline to be sure that no matter we promote we generate income with as a result of, if not, then the corporate won’t be sustainable.”

Some automakers, together with certainly one of Stellantis’ predecessors, Fiat Chrysler, have bought EVs at a loss to spur gross sales, meet gasoline financial system requirements or construct up capability in hopes of ultimately making the automobiles worthwhile.

Stellantis at the moment has 25 EVs obtainable globally and expects to launch one other 23 by means of the tip of this 12 months.

The corporate beforehand introduced an all-electric model of the Jeep Wrangler SUV and a Dodge muscle automotive. An all-electric model of the Ram 1500 pickup can be anticipated to be launched early subsequent 12 months.

Tavares mentioned the automaker stays dedicated to its plans to take a position 50 billion euros ($54.4 billion) in electrified automobiles and associated applied sciences by means of 2030, regardless of a slower-than-expected adoption in lots of international locations.

“There isn’t any such factor as slowing down for the EV roadmap for Stellantis,” he mentioned Friday throughout a digital media roundtable.

Nevertheless, Tavares did say these plans may change primarily based on client demand and potential political modifications that might outcome from elections this 12 months within the U.S. and Europe.

A couple of of Stellantis’ forthcoming automobiles can be on the corporate’s “STLA Massive” platform, which it revealed particulars of Friday.

The “STLA Massive” platform is only one of 4 architectures, or brains of the car, that can help the corporate’s next-generation fashions.

The corporate mentioned it plans to launch eight new automobiles, together with all-electric fashions, on its latest “STLA Massive” platform that can underpin the automobiles by means of 2026. Stellantis didn’t specify what number of of these automobiles could be electrical, because the platform will be capable of help different propulsion methods as effectively, similar to plug-in hybrid electrical automobiles (PHEVs), non-plug-in hybrids and conventional inside combustion engines.

Stellantis mentioned the EV fashions on the Massive platform can be obtainable in 400-volt and 800-volt battery electrical car architectures, permitting for a wide range of charging speeds and driving vary of roughly 500 miles for sedans.

Tavares mentioned automobiles on the platform will first be launched within the North American market, beginning with the Dodge and Jeep manufacturers, adopted by Alfa Romeo, Chrysler and Maserati.