COGNICURRENT

Feb 6 • 07:44 UTC • 🇮🇹 Italy • La Repubblica

Stellantis' shift in electric strategy costs 22 billion. Stock collapses

Stellantis faces a 22 billion cost due to its strategic shift in the electric vehicle sector, leading to a suspension of dividends and a drop in stock value as it exits its joint venture with LG for a Canadian gigafactory.

#stellantis #electric vehicles #lg #canada #dividends

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