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NIO - Stellantis Could Halt EV Production in UK Due to Unhelpful Government Plans

Stellantis has revealed that it could halt electric vehicle (EV) production in the United Kingdom if the government doesn't take steps to increase EV demand in the country. According to Stellantis boss Maria Grazia Davino, the way the UK government is handling the transition to electric cars is risking its business in the region.

Stellantis owns several popular auto brands including Citroën, Peugeot, Vauxhall, Opel, Maserati, Dodge, Chrysler, Jeep, Fiat and Alfa Romeo. With major markets such as the...

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Stock Information

Company Name: NIO Inc. American depositary shares each representing one Class A
Stock Symbol: NIO
Market: NYSE
Website: nio.com

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