Stellantis Got The EV Shift Wrong. The Bill Is Enormous
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Stellantis, the parent company of jeep and ram, is facing a significant financial setback related to its electric vehicle strategy. The company is reportedly taking a massive write-down, estimated to be around $26-27 billion, after shifting away from its previous ev plans. The details of the new strategy are unclear, but it may involve producing vehicles in north america with chinese involvement and offering more affordable options.
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