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home / articles / STLA - EV Challenges In Italy: Stellantis' 500e Production Hits A Snag Amid Incentive Delays | Benzinga


STLA - EV Challenges In Italy: Stellantis' 500e Production Hits A Snag Amid Incentive Delays | Benzinga

Stellantis NV (NYSE: STLA), the parent company of Fiat, Peugeot, and Chrysler, encountered production difficulties with its fully-electric 500e cars in Italy last year, said the FIM CISL union.

In 2023, Stellantis manufactured around 77,000 units of the 500e model, falling short of the over 90,000 units initially anticipated.

The delay in the rollout of government EV purchasing incentives led many potential buyers to postpone their purchases, FIM CISL leader Ferdinando Uliano indicated.

The issue, coupled with ...

Full story available on Benzinga.com

Stock Information

Company Name: Stellantis N.V.
Stock Symbol: STLA
Market: NYSE
Website: stellantis.com

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