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Stellantis Just Passed Ford and GM In The Electric Vehicle Race

12 Dec 2023 | Abstracted from Fool.com

"Stellantis CEO Carlos Tavares declared that the company was 'in the black' on EVs not only in Europe, but in the U.S.

"Our margins on electrified vehicles are in the black. That's a good thing. We are closing the gap against ICE faster in Europe than in U.S. because we started sooner

"Stellantis also struck a deal with Chinese EV maker Leapmotor...will be 30% more cost competitive than anything in the Western world."



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