'We Compare Ourselves To Tesla:' Stellantis CEO Reveals Bold EV Benchmark
Portfolio Pulse from Anan Ashraf
Stellantis NV's CEO, Carlos Tavares, revealed during the company's Q2 earnings call that they benchmark their performance against Tesla and Korean automakers. Stellantis recently unveiled the STLA Medium, the first of four BEV platforms, which can produce up to 2 million vehicles per year. The company aims to become carbon net zero by 2038 and sees annual BEV sales reaching 5 million by 2030. For H1, Stellantis reported net revenues of €98.4 billion ($109.5 billion), up 12% YoY, and a 37% increase in net profit to €10.9 billion.

July 27, 2023 | 11:01 am
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Stellantis' benchmarking against industry leaders and unveiling of the STLA Medium BEV platform indicates a strong focus on EVs. This, along with positive H1 results, could boost investor confidence.
Stellantis' focus on EVs, benchmarking against industry leaders, and strong H1 results indicate a positive outlook. This could lead to increased investor interest and a potential rise in stock price.
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