Stellantis India Makes Strides in Electric Vehicle Exports, Eyeing Southeast Asian Markets
Stellantis, the global automotive powerhouse, is propelling India’s stature as an electric vehicle (EV) export hub with the recent shipment of 500 units of its ‘Citroen eC3′ to Indonesia. This move underscores Stellantis’ commitment to leveraging India’s manufacturing competitiveness and tapping into burgeoning EV markets in Southeast Asia.
Embarking on EV Export Journey
- Stellantis India, formed through the merger of Fiat Chrysler Automobiles and PSA Group, marks a significant milestone as the first multinational OEM to export EVs from India.
- Aditya Jairaj, CEO and MD of Stellantis India, highlights the commencement of exports to Indonesia as a testament to the company’s dedication to the ‘Make in India’ initiative and Citroen’s vision of democratizing electric mobility.
India: A Best Cost Country for Global Markets
- Jairaj emphasizes India’s role as a ‘best cost country’ for Stellantis, positioning the nation as a competitive manufacturing base for catering to global demand.
- With plans to explore other Southeast Asian markets, Stellantis aims to capitalize on India’s quality products and cost competitiveness to meet diverse customer preferences.
Expanding EV Export Footprint
- Stellantis evaluates opportunities to export the E-C3 to additional Southeast Asian markets, leveraging the region’s significant EV penetration and growing consumer demand.
- Highlighting successful exports of models like C3 to Africa and C3 Aircross to Malaysia and Indonesia, Stellantis underscores the quality and cost competitiveness of Indian-made vehicles.
Dynamic Adaptation and Market Responsiveness
- Jairaj underscores Stellantis’ agility and dynamism in responding to market changes, citing exports as a vital tool for the company’s operations in India.
- With a focus on maintaining product quality and competitiveness, Stellantis remains poised to navigate evolving market dynamics and seize opportunities for growth.
