Stellantis takes €22.2bn hit as it pulls back on EV plans

Stellantis announced €22.2bn (R423.33bn) of charges on Friday as it scales back its electric-vehicle ambitions, hammering its shares as carmakers pay the price of misjudging the switch to cleaner driving.

Stellantis takes €22.2bn hit as it pulls back on EV plans

Stellantis announced €22.2bn (R423.33bn) of charges on Friday as it scales back its electric-vehicle ambitions, hammering its shares as carmakers pay the price of misjudging the switch to cleaner driving.