Stellantis experienced a sharp contrast in electric vehicle sales in the third quarter of 2026. Its battery-electric vehicle (BEV) sales in Europe rose by 65%, while key U.S. models saw sales plummet by 94% during the same period.
Strong EV Growth in Europe
In Europe, demand for Stellantis’s electric passenger cars increased significantly across major markets such as France, Germany, and the UK. When including the Chinese partner Leapmotor, the group’s BEV sales growth reaches nearly 93%. Additionally, electric light commercial vehicles sold by Stellantis rose by 46% in Europe during the quarter.
This growth has helped Stellantis recover some of its commercial performance in Europe. However, despite a 3% revenue rise, the company’s European operation still posted a negative adjusted operating margin, indicating that profitability remains a challenge.
Sales Collapse for U.S. EV Models
The U.S. market told a very different story. Sales of the Dodge Charger Daytona, Jeep Wagoneer S, and Fiat 500e dropped dramatically in the third quarter compared to 2025. Together, these three models sold only 431 units, down from 7,227 during the same period last year—a 94% decline.
Individually, Charger Daytona sales fell from 2,776 to 233 units, the Wagoneer S from 4,163 to 146 units, and the Fiat 500e from 288 to 52 units. This decline far exceeds the overall American EV market’s drop of about 40% over the period.
The sharp fall partly follows a surge in purchases before federal EV incentives expired on September 30, 2025. Such timing effects have hit many makers, but Stellantis’s losses are notably steeper.
Jeep Recon’s Early Market Entry
The Jeep Recon, a newer model in Stellantis’s U.S. EV lineup, showed limited sales during the quarter, with only 35 units sold. Since the start of the year, the total reached 82 units. The Recon is still being rolled out, with dealerships receiving inventory as late as mid-October.
Jeep also noted that some Recon vehicles counted in previous sales figures were test fleet units, not customer deliveries. This means actual customer demand may be lower than reported so far.
Challenges Ahead
While Europe’s EV sales rise offers hope, the U.S. struggles highlight ongoing difficulties for Stellantis in maintaining demand, especially after incentive changes. The company will need to focus on cost control and improving financial returns in Europe to capitalize on its growing EV sales.
More details on model updates or new launches that could affect these trends are expected later as Stellantis advances its electric strategy across different markets.
Source: clubalfa.it