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Event Brief

Stellantis Swallows $26 Billion Costs in EV Strategy Shift

Stellantis incurs massive costs as it reevaluates its electric vehicle strategy, following Ford and GM's lead.
WHO: Stellantis
WHAT: Incurs $26 billion costs and rethinks EV strategy
WHEN: Feb 6, 2026 at 10:59 AM ET
WHERE: Global
WHY: To address financial losses from previous EV investments
Sources (1): Ars Technica

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