Stellantis Sticks w/ "Agenda 2030" Goals: 'Bets BIG' on EVs Despite U.S. Recession Fears

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Stellantis 'Bets BIG' on EVs despite U.S. recession fears with a massive $406 million investment in its Michigan plants. But with U.S. EV sales faltering—expected to make up only 9% of the market—many are wondering if this is a risky bet. High inflation, dwindling consumer spending power, and a preference for gas-powered vehicles are creating headwinds for EV adoption. Why is Stellantis investing in EVs, like the Ram 1500 REV, when other automakers are scaling back? In this video, we break down the economic factors at play and explore whether Stellantis’ strategy is a visionary move or a gamble that could backfire.

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