Stellantis Launches Free2move Charging Service For EV Users
Portfolio Pulse from Shivani Kumaresan
Stellantis NV has launched Free2move Charge, a comprehensive ecosystem for EV charging and energy management. The service, managed by the new Stellantis Charging & Energy Business Unit, aims to address electric-vehicle customer needs at home, at work, and on the go. The company's shares are trading lower by 0.18% at $16.86 in premarket.
June 28, 2023 | 1:04 pm
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Stellantis has launched a new product, Free2move Charge, which could potentially increase its market share in the EV sector. However, the company's shares are currently trading lower.
The launch of Free2move Charge is a positive development for Stellantis as it expands its offerings in the EV sector. However, the immediate impact on the company's stock price is negative, with shares trading lower. The long-term impact will depend on the market's reception of the new product.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100