Home / Business / Stellantis shares plummet on $26.5B charge related to EV retreat

Stellantis shares plummet on $26.5B charge related to EV retreat

Stellantis shares plummeted 26% Friday after the company revealed a $26.5 billion charge related to an overhaul of its business – including a retreat on electric vehicle ambitions.

Stellantis shares plummeted 25% Friday after the company revealed a $26.5 billion charge related to an overhaul of its business – including a retreat from its electric vehicle ambitions.
The automaker – home to brands like Jeep, Ram and Dodge – were … [2696 chars]

Source: New York Post | Published: 2026-02-06T15:11:40Z

Credit: New York Post

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