Peugeot brings forward plans to go all electric

Peugeot has recently decided to bring forward its plans to go fully electric by 2030. Since the company’s introduction into the Stellantis group, its plans to release a fully electric range of vehicles has been moved forward to 2023. These plans extend into Peugeot’s van range as well, so it might not be long before you spot a few of its new additions right here at Van Discount, where you can save an average of 40% on the Recommended Retail Price of a new van (which can often amount to thousands of pounds!).

So, here’s what you need to know about Peugeot’s plans.

What was Peugeot’s original plan?

Back in 2018, Peugeot CEO Linda Jackson stated that every new Peugeot model launched in Europe by 2030 would be fully electric, but made sure to emphasise that the company would still supply internal-combustion based models for international buyers. Originally, the plans laid out aimed to achieve different variations on electric or hybrid drives for all 40 of Peugeot’s models by 2025. The company also wanted to achieve a vehicle electrification rate of 80% by 2023.

These original plans to go fully electric by 2030 would have come five years before the European Union’s (EU) proposal to mandate only zero-emissions vehicles in 2035. Peugeot were already way ahead of schedule in this regard – so why have the plans been brought forward?

A change in ownership

Impressively, Peugeot’s all-electric quota is now set to reach 100% by 2023. So, how has it managed to knock seven years off its original target? Well, until recently Peugeot was part of the PSA Group, a multinational company that also encompassed the Citroen, DS, Opel and Vauxhall brands. In 2021 though, the PSA Group merged with Fiat-Chrysler to form the new Stellantis Group. This extensive merger meant that Peugeot now had access to a wealth of extra funding and resources, which is what allowed it to increase its progress so dramatically.

As a result of this influx of resources, Peugeot won’t offer new petrol or diesel powered cars as of 2023. However, the company has yet to specify what level of electrification it intends to aim for with this new line. For example – a 48-volt mild-hybrid is considered electrified, but can’t cover significant distances while operating purely from its battery, meaning it might as well be an internal-combustion powered vehicle.

Peugeot has responded to these enquiries though by stating that “Power of Choice” is one of the key components of the brand’s “technological push”. Its new generation of electrified cars gives its customers the possibility of choosing the type of energy they would prefer to use. This extends to Peugeot’s full range of electric vehicles – including bikes, mopeds and scooters.

The company has offered insight into the reasoning behind the decision to bring its plans forward by stating that “by 2040, almost 5 billion men and women will live in cities. Making the urban space sustainable is one of the main challenges of the 21st century, and the aspiration of creating sustainable cities ‘is shared among all city dwellers.’”

Unsurprisingly, since the announcement, other Stellantis brands are now following in Peugeot’s footsteps – With DS, Alfa Romeo, Opel , and Vauxhall all expressing desires to offer an all electric product range by 2028.

So, it appears that there are some big changes on the horizon for the electric vehicle market! Regardless of the changes to the market though, you can always be certain of a couple of constants here at Van Discount. We’ve got over 30 years experience in commercial van sales, and we’re happy to offer our expertise to help you find the best van for the job. So whether you’re a fleet manager or a private buyer, we’ve got the vans to suit your needs. Call now on 01282 872 530 to take advantage of our expert advice and the best new van deals!