Stellantis says its EV strategy will change depending on who America votes for

He is basically saying, the subsidies may end based on who is elected. Which means that demand will drop as well. Tesla's price drops have made it very difficult for legacy manufacturers who are stuck paying dealers a large share.

There must be some way out of here, said the joker to the thief. There’s too much confusion, I can’t get no relief. 😢😢😢

He’s not the only CEO of a major company watching what’s happening in America, Europe and the U.K. given all governments are up for election next year. Stellantis, like BMW are presently operating a CLAR platform strategy across their portfolio of brands. This allows them to produce ICE, PHEV and BEV versions of each model. Both have EV platforms already developed and ready to deploy. BMW’s first ‘new class’ won’t be the four-door i3 represented by the Vision Neue Klasse, but the next iX3 electric SUV using Neue Klasse which is already under test, for late 2024. Therefore they do have the ability to flex towards customer demands. Potentially, 2024 could have a number of manufacturers operating in a holding pattern until the American presidential election is decided.

Stellantis is bringing the cheapest EV with a 320km range and 100kW charger, LFP battery and sub €24.000 (excl. subsidies), NOT build in China, but in the Slovakia EU. The Citroën ë-C3. Nice 4-door hatchback-like EV with a length over 4 meters. Comes first quarter 2024, so in about 2 months. So that should be affordable for the mid salary people.

Which is the same reason many states are slow rolling the federal NEVI program.

Cheers mate

So much government interference in the market. Companies can’t plan effectively in this environment.

Does it not make sense for stellantis to start selling their smaller EVs like fiat and Citroën in the US to test market appetite?

I hate it that the US government restricts the availability of Chinese EVs in the US. If it didn't I would be driving one right now.

Our brains are boiling from all these informations. People are confused... this is all politics.... no common sense.... I love all the cars, and all of them should be avaliable, we need, and will always need diversity in powering our vehicles. We should have a choice. And depend of the needs, we gonna buy petrol(gasoline) , or Diesel, or Electric, or even compreesed air, or hydrogen etc... All them Laws, Eco based specially is 100% hipocracy of the politicians and manufacturers. It is MARKETING and Politics, and it should be ENGINERING and Common Sense. Environment protection-YES Hipocracy-NO Thanks for your work. Great channel.👍

Why don't they think they can sell those $85K Jeeps in North America?

oh yea, LOVE your channel sam!

You’d have to go through the quarterly filings and read the MD&A to get the company outlook on production changes. What is that white vehicle that was presented twice?

time to deploy the corrupt lobbyists though i sense some redundancy

Thank you Sam. Stellantis CEO: I am a USA citizen and I have owned 2 Fiats in my life; the Fiat X-19 and the Fiat Pop. I would have bought the electric Pop…had it been available this year (2023) but it wasn’t and so I bought the VW ID.4 instead. I am NOT middle class..and I am definitely NOT upper class. There are so many smart ways to use our natural resources, besides burning them up in smoke, inside one of the most inefficient ways possible, as with gasoline inside a cars engine. For ‘frak’ sake, can we care even a little bit about the air we breathe. Sitting at a red light, waiting for the light to change green on a beautiful spring morning with my window rolled down, and then getting a mouthful of internal combustion engine exhaust from a truck…is definitely not my idea of a good time.😎

It is one thing to say you want to produce lower cost products by opening a fully owned factory in China (netting upwards of 65% reduction in capital) versus entering into the legacy joint ventures in China with an in-house China manufacturer. Most of the legacy US manufactures are continuing to open new "legacy style joint ventures" in China which really makes their products just a re-skinned/badged Chinese Car importer.

Until now Stellantis has not delivered EVs that can be used as a normal ICE car with +600km range and a tow hitch. I hope their perspective changes when Stellantis is able to do that...

Legacy is so Kodak'd...literally no idea how to compete with Tesla

Comparing phones to cars is rather useless.

Isn’t this what all manufacturers do? Thy follow where they think demand will be and government incentives. Even Tesla marches to the IRA incentives with pricing/production etc in USA. Saying that, Stellantis (and others) will be completely left behind if they behave like this.