Stellantis' $13 Billion U.S. Investment Shifts Focus Away from EVs

Reported 17 days ago

Stellantis plans to invest $13 billion in U.S. manufacturing over the next four years, emphasizing new vehicle production rather than electrification. This investment will create over 5,000 jobs and support the development of five new vehicles, including a range-extended EV and a new gas-powered SUV. The company has recently scaled back its electrification efforts, reflecting a shift in its product strategy.

Source: YAHOO

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