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Stellantis warns of cost inflation and confirms plans to develop low-cost EVs with Leapmotor

Just Auto · ·by G4L

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  1. 1Stellantis CEO Antonio Filosa warned that cost inflation will occur through 2027 and possibly 2028.
  2. 2Stellantis confirmed plans to develop low-cost electric vehicles in Italy with Leapmotor, targeting sales in 2028.
  3. 3Stellantis signed an asset sale agreement earlier this month to sell the Brampton assembly plant in Ontario, Canada, and related equipment to Roshel.

So what's the key point?

Stellantis mentioned that prices may rise in the future and decided to make affordable electric vehicles with Leapmotor. The company also signed a contract to sell a plant and equipment to Roshel.

Source Just Auto · View original ↗

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