Stellantis is pivoting away from electric vehicles as the company embraces the ‘power of choice.’ This has cost them billions and they’re selling their 49% stake in NextStar Energy to LG Energy ...
Stellantis reported a first-half net loss of 2.3 billion euros ($2.65 billion), compared to a net profit of 5.6 billion euros over the same period in 2024. The Jeep maker updated its full-year tariff ...
Stellantis on Friday announced it will take a $26.5 billion charge as the automaker cuts back on electric vehicle (EV) production, joining other manufacturers in taking a financial hit after ...
Cost remains one of the biggest challenges of electric vehicles and the single most expensive piece in an EV is the battery, followed by the power electronics module (PEM) and drive units. Electricity ...
Stellantis plans to invest $13 billion in U.S. auto manufacturing operations over the next four years. The trans-Atlantic automaker said the investments will add more than 5,000 jobs to its domestic ...
Stellantis has walked back its all-electric 2030 target, saying hybrids will remain central to its lineup. The pivot comes amid mounting recalls of Ram, Jeep, and Dodge vehicles. The world’s ...