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- Stellantis NV STLA is reportedly holding talks with the federal government of Spain to discover the opportunity of producing small electrical automobiles.
- The automaker is discussing the situations of state help for the undertaking, reported Reuters.
- Stellantis has crops in Madrid, Vigo, and Zaragoza the place it assembles Opel, Citroen, and Peugeot automobiles.
- Final week Stellantis mentioned its Cassino Meeting Plant in Italy would produce automobiles primarily based on the versatile, BEV-centric STLA Giant platform.
- Stellantis is investing greater than €30 billion by way of 2025 in electrification and software program to ship BEVs.
- The corporate reported an 18% improve in FY22 income and a 26% bounce in internet revenue.
- Worth Motion: STLA shares are buying and selling decrease by 2.05% at $17.24 in premarket on the final verify Monday.
- Photograph By way of Firm
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