BIT:STLAMAuto
Stellantis Reworks EV Plans And Product Mix As Shares Lag Targets
Stellantis (BIT:STLAM) is unwinding certain battery joint ventures and EV related partnerships in response to changing market demand and regulation.
The company is scaling back parts of its EV rollout and reintroducing diesel and other combustion engine models to its line up.
These moves mark a broad pivot in its electrification approach that affects suppliers, government relationships, and product planning.
Stellantis, the automaker behind brands such as Peugeot, Fiat, Jeep, and others,...