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Benzinga
Benzinga
Business
Anusuya Lahiri

UNCOVERED: Stellantis divulges its ev ambitions - Caught on Camera

Stellantis STLA NYSE Stellantis NV

Stellantis NV (NYSE:STLA) looks to double revenue to €300 billion ($335 billion) a year by 2030 and keep profit margins high as it steps up efforts to roll out electric versions of its cars, profitable Jeep SUVs, and RAM pickup trucks.

Stellantis aims to forge a deal with the Italian government on a battery plant after Rome pledged to support it, Reuters reports. The battery plant in Termoli, southern Italy, would mark Stellantis' third in Europe.

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