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

6 February 2026 at 16:18
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.

Β© Frederick Florin/Agence France-Presse β€” Getty Images

Stellantis, which was created after the 2021 merger of Fiat Chrysler and Peugeot, is pulling back from its plans to offer many more electric models.
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