Stellantis CEO says automaker won't sell EVs at a loss like other carmakers
Publishing timestamp: 2024-01-19 12:03:13
Summary
Stellantis CEO Carlos Tavares stated that the company will not sell electrified vehicles at a loss like other automakers have. The company currently has 25 EVs available globally and plans to launch another 23 by the end of the year. Tavares emphasized that Stellantis is making money on its electrified vehicles and will continue to do so with its next-generation models. The company remains committed to investing 50 billion euros in electrified vehicles and related technologies through 2030. Stellantis also revealed details of its "STLA Large" platform, which will support its next-generation models, including electric vehicles. The vehicles on this platform will be released in the North American market, starting with Dodge and Jeep brands.
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Keywords: stellantis nv, business news, environment, transportation, business, autos, breaking news: business, detroit,
Source: https://www.cnbc.com/2024/01/19/stellantis-ceo-says-automaker-wont-sell-evs-at-a-loss.html