LONDON (AP) – Chrysler plans to go all electric by 2028, the latest automaker to announce a shift away from gasoline-powered engines under rising pressure to act on climate change.
The company said on Wednesday that it will launch its first electric vehicle by 2025. Chrysler announced its electric plans along with a new AI-enabled vehicle system powered by a battery that it said can travel 350 to 400 miles per charge.
Fiat Chrysler is part of Europe’s Stellantis, the parent company that also owns PSA Peugeot.
“Our brand will serve at the forefront as Stellantis transforms to deliver clean mobility and connected customer experiences,” Chief Executive Officer of the Chrysler brand Chris Feuell said in a news release.
Stellantis last month announced a strategy to embed AI-enabled software in 34 million vehicles across its 14 brands in a bid to gain USD22.6 billion in annual revenue by 2030. It’s part of a broad transformation in the auto industry, as companies race toward more fully electric and hybrid propulsion systems, more autonomous driving features and increased connectivity in cars.
All top automakers are working on electric vehicles amid concerns about climate change.