Stellantis NV (NYSE: STLA) on Thursday announced an aggressive plan to gain ground in the global electric vehicle market, saying it will spend 30 billion euros ($35.5 billion) by 2025 to add EVs with between 300 miles and 500 miles of range.
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Stellantis Intensifies Electrification While Targeting Sustainable Double-Digit Adjusted Operating Income Margins in the Mid-term
Plans to invest more than €30 billion through 2025 in electrification and
China Automotive Systems Inc (NASDAQ:CAAS) is developing a new steering system for Milan-based Alfa Romeo, a subsidiary of Dutch automotive manufacturing company Stellantis NV (NYSE:STLA). The steering…