Stellantis CEO says $25,000 Jeep EV coming to the U.S. 'very soon'
Publishing timestamp: 2024-05-29 12:22:12
Summary
Stellantis plans to offer a $25,000 all-electric Jeep vehicle in the U.S. soon to attract mainstream consumers. The CEO mentioned the importance of affordable EVs as Chinese automakers expand their sales globally. The company aims to achieve cost parity between electric and traditional vehicles in the next three years to compete with the growing market of affordable EVs.
Sentiment: NEUTRAL
Tickers: STLA, TSLA, BYDDY, ZE594-CN,
Keywords: byd co ltd, transportation, breaking news: business, environment, carlos tavares, business, autos, china, united states, tesla inc, business news, stellantis nv,
Source: https://www.cnbc.com/2024/05/29/stellantis-affordable-jeep-ev.html