Market Chatter: Stellantis Drops 2030 All-EV Goal

MT Newswires Live

09/08

Stellantis (STLA) will no longer aim to produce only electric vehicles by 2030, Reuters reported Monday, citing Jean-Philippe Imparato, the company's head of enlarged Europe.

Speaking at the Munich car show, Imparato said some targets from its 'Dare Forward' strategy may still stand, but added that the European Union's 2035 carbon emissions goals are now unrealistic for any automaker, according to Reuters.

Stellantis did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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