Stellantis Recalibrates Electric Strategy: "Below Expectations, Time to Change Course"

Stellantis CEO Antonio Filosa announced a strategic shift towards a gradual energy transition, focusing on hybrid engines and revitalizing brands. The company plans to present a new strategy at the Capital Market Day in June, emphasizing job protection, sustainability, and affordability. Stellantis sees the U.S. as a key market due to favorable emission standards and tariffs, aiming to boost volumes and margins. The EU's upcoming emission rules announcement is anticipated to impact prices and consumer choices.