
Stellantis Plans $70 Billion Comeback With LFP Batteries And A Tesla FSD Challenger

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Stellantis is launching a $70 billion plan to revitalize its electric vehicle (EV) strategy, introducing new models and a scalable platform using lithium-iron phosphate (LFP) batteries. The automaker aims to release 29 new EVs and 15 hybrids by 2030, while enhancing software and autonomy through partnerships with Qualcomm and Wayve. This ambitious initiative follows previous setbacks in the EV market, as Stellantis seeks to compete with rivals like Tesla and Ford.
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