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Stellantis’s Shift Away From Electric Cars Will Cost It $26 Billion

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Stellantis’s Shift Away From Electric Cars Will Cost It $26 Billion
The company, which owns Chrysler, Fiat, Jeep and Peugeot, is changing its strategy to gasoline and hybrid vehicles in an effort to revive weak sales.
Extracted Claims

  • Stellantis is changing its strategy to gasoline and hybrid vehicles.

    Confidence: 100%

  • Stellantis's shift away from electric cars will cost it $26 billion.

    Confidence: 100%

  • Stellantis is shifting away from electric cars.

    Confidence: 100%

  • Stellantis's change in strategy to gasoline and hybrid vehicles is an effort to revive weak sales.

    Confidence: 90%

  • Stellantis owns Jeep.

    Confidence: 60%

  • Stellantis owns Peugeot.

    Confidence: 60%

  • Stellantis owns Fiat.

    Confidence: 60%

  • Stellantis owns Chrysler.

    Confidence: 60%

Mentioned Entities
Stellantis(organization)Chrysler(organization)Fiat(organization)Jeep(organization)Peugeot(organization)