Stellantis Unveils Game-Changing EV Chassis for Trucks and SUVs [Yahoo! Finance]
Stellantis N.V. Common Shares (STLA)
Company Research
Source: Yahoo! Finance
As part of the automaker's efforts to revive its company, the platform enables hybrid, internal combustion, maybe hydrogen technologies, battery electric (BEV), and range-extender electric vehicles (REEV). With its multi-energy approach, Stellantis wants to meet a range of consumer needs, unlike rivals General Motors (GM) and Ford (F), which concentrate on dedicated EV platforms, CEO Carlos Tavares stated. Tavares said in a media teleconference, "We are here to make the consumers happy and fit the state of the market." Warning! GuruFocus has detected 5 Warning Signs with STLA. Featuring dual electric drive motors for all-wheel drive, the STLA Frame will run vehicles, including the Ram 1500 REV EV pickup. Using a gas-powered motor to charge the battery, the REEV seeks a range of 690 miles; the BEV variant wants 500 miles. Both variations will have a 2,700-pound payload and a 14,000-pound towing capacity. As competition in the EV truck market gets fiercer, Stellantis's shares drop
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STLA
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- 11/8/24 - Form 144
- 10/31/24 - Form 6-K
- STLA's page on the SEC website