Stellantis’ Long-Term Outlook for Free Cash Flow Remains Strong Despite Increasing Competition

Stellantis’ DARE 2030 strategy (launched 2022) has four key goals—become the most profitable automotive original equipment manufacturer globally, lead the industry on carbon neutrality by achieving such by 2038, accelerate the transition to electrification with a battery electric vehicle, or BEV, sales mix target of 100% in the EU and 50% in the US by 2030, and achieve first place on customer experience.