"Stellantis CEO Vows No Losses on EV Sales"

1 min read
Source: CNBC
"Stellantis CEO Vows No Losses on EV Sales"
Photo: CNBC
TL;DR Summary

Stellantis CEO Carlos Tavares stated that the company will not sell electrified vehicles at a loss like other automakers, emphasizing the importance of making money to ensure sustainability. Despite slower-than-expected EV adoption, Stellantis remains committed to investing 50 billion euros in electrified vehicles and related technologies through 2030. The company plans to launch eight new vehicles, including all-electric models, on its STLA Large platform, which will support various propulsion systems and be available in the North American market starting with the Dodge and Jeep brands.

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