Stellantis lays off about 400 salaried workers to handle uncertainty in electric vehicle transition
- Stellantis CEO states that electric vehicles cost 40% more to make than gasoline ones, aiming to make EVs affordable for middle class.
- Stellantis to release 18 new electric cars this year, 8 in North America, expanding global EV offerings by 60%.
- Stellantis cuts 400 U.S. Salaried jobs in engineering, tech, and software to address challenging market conditions.
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Leaning Left11Leaning Right4Center13Last Updated1 month agoBias Distribution46% Center