Stellantis N.V. has postponed the launch of its Ram electric vehicle due to challenges in the EV market such as range anxiety and limited credits.
Despite the push for electric vehicles, the U.S. is producing record amounts of oil, which is making gasoline-powered vehicles more attractive.
Stellantis' struggles in the U.S. market have led to speculation about potential restructuring or sale of its business.
The current sentiment in automotive investing reflects a preference for traditional vehicles amid concerns over the future viability of EV companies.
Collection
[
|
...
]