Electric vehicle sales in the US remain low

Electric vehicles make up just 7% of all car sales in the United States, according to Antonio Filosa, general director of Stellantis. This figure has remained the same over the past five years, despite increasing attention on electric vehicles globally.

Growth seen as a regulatory bubble

Filosa described earlier growth in electric vehicle sales as a "bubble fueled by regulation," suggesting that government policies had initially driven the increase. However, he noted that when regulations were relaxed, consumer interest shifted toward other types of powertrains.

Consumer preference drives new trends

Stellantis has observed growing interest in range-extender technology for large pickup trucks and SUVs in the U.S. Filosa emphasized that this trend is driven by customer preferences rather than regulatory changes, indicating a shift in what consumers are looking for in vehicles.

Electrification expected to take root slowly

Despite the slow adoption rate, Filosa expressed confidence that electric vehicles will eventually become more common in the U.S. He acknowledged, however, that the transition will be slower and on a smaller scale compared to other regions of the world.

Automotive industry becoming more localized

Filosa noted that the automotive industry is becoming less globalized due to trade barriers and shifting market dynamics. Automakers are increasingly focusing on local customer preferences and national regulations while still maintaining a global technological presence.