More States are adopting California's clean air regulations as they see the negative impact of air pollution in their cities.
Stellantis Closing Plant, Needs $ for EV Development
Mary Barra started GM's belt tightening years ago to help fund it's massive EV push. She closed all overseas money losers (all where except China), and closed some excess capacity in the US as well.
It looks like Stellantis joins Ford in being slower to react and both are now trying to come up with development dollars. Ford recently shut down it's autonomous vehicle efforts to help free up the money for its EV efforst and Stellantis is now closing a Jeep Cherokee SUV plant in Illinois to raise EV money.
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www.reuters.com
It looks like Stellantis joins Ford in being slower to react and both are now trying to come up with development dollars. Ford recently shut down it's autonomous vehicle efforts to help free up the money for its EV efforst and Stellantis is now closing a Jeep Cherokee SUV plant in Illinois to raise EV money.
Stellantis to indefinitely idle Illinois plant, cites EV costs
Chrysler parent Stellantis on Friday said it will indefinitely halt operations at an assembly plant in Illinois in February, citing the rising costs of electric vehicle production.
www.reuters.com
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