Wednesday, October 22, 2025

Maserati Plans To Electrify Entire Lineup In Next 5 Years

As electric vehicles continue to grow in popularity not only because of their cost-saving mileage but also due to their lower environmental impacts relative to gasoline-powered cars, major automakers have joined the race to catch up with established players in the field: aka Tesla. Now it appears that Fiat Chrysler’s premium brand Maserati has also decided to join the EV market, threatening to give Tesla a run for its money.

Reuters recently reported that Maserati’s chief executive Davide Grasso announced the luxury automaker’s plans to create either all-electric or hybrid versions of its entire lineup within the next five years. Speaking at a fashion web event that was organized by Italian daily Milano Finanza, Grasso noted that Maserati’s new Grecale SUV, which is slated to be released next year, will be offered as both a combustion engine and a hybrid version, while a fully-electric version will be made available in the foreseeable future.

Maserati also plans to electrify its new Gran Turismo and the Gran Cabrio, as well as all of its other models within the next five years, due to the anticipated growth in demand for zero-emission vehicles.

Fiat Chrysler, which owns Maserati, has also recently announced plans to electrify its widely-popular Ram pickup truck, but stopped short of providing further details as to when the all-electric version would be available to hit the market. Fiat Chrysler has nearly recouped its losses from its pandemic-lows, but still remains 15% below last year’s levels.

As major US automakers increase their investment commitments in electric vehicle manufacturing, it appears that America’s incoming administration will be beneficial to their efforts. During the presidential election race, the now-president-elect Joe Biden announced plans to create a network of over 500,000 charging stations across the country, as well as offer rebates to consumers that replace their older vehicles for new, fuel efficient models.


Information for this briefing was found via Reuters and Fiat Chrysler. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources

Mining M&A: Gold X2 Acquires Kesselrun Resources

They Said Oil Was Dead. They Were Wrong. | Michael Judson – Record Resources

Recommended

Steadright Enters MOU To Acquire Historic Goundafa Polymetallic Mine In Morocco

Military Seizes Power in Madagascar After President Flees

Related News

Panasonic Warns of Weakness in Auto Battery Business Amid EV Slowdown

Panasonic (TYO: 6752), a major supplier of batteries to Tesla (Nesdaq: TSLA), warns of potential...

Thursday, May 23, 2024, 02:12:00 PM

Polestar Elects To Go Public Via Spac Despite Poor Industry Track Record

On September 27, Polestar Performance AB, a premium electric vehicle manufacturer headquartered in Sweden, agreed...

Sunday, October 3, 2021, 01:01:00 PM

General Motors Announces Another Extremely Costly Bolt Electric Vehicle Recall; Negative Implications for EV Industry

After the market close on Friday, August 20 (a typical timeslot when companies release bad...

Saturday, August 28, 2021, 01:02:00 PM

Nio Reports Delivery Of 6,711 Vehicles In May

NIO Inc. (NYSE: NIO), today released its May 2021 delivery results. The company delivered 6,711...

Tuesday, June 1, 2021, 09:55:00 AM

Utility Coalition Plans to Build Out U.S. EV Charging Network

On December 7, the National Electric Highway Coalition (NEHC) announced ambitious plans to build a...

Sunday, December 12, 2021, 03:02:00 PM