Stellantis Completes Agreement With AGI To Support National U.S. Dealership Electrification And EV Charging Capabilities
Portfolio Pulse from Happy Mohamed
Stellantis has completed an agreement with AGI to support the electrification and EV charging capabilities of its U.S. dealership network. AGI will provide turnkey infrastructure solutions to help dealers build out electric vehicle supply equipment (EVSE) for charging. This move is part of Stellantis' Dare Forward 2030 strategy to achieve 50% battery-electric vehicle sales by the end of this decade. Stellantis is also part of a joint venture with six other leading automakers to accelerate the transition to electric vehicles in North America.
August 23, 2023 | 3:09 pm
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POSITIVE IMPACT
Stellantis' partnership with AGI to support dealership electrification and EV charging capabilities is a strategic move towards achieving its goal of 50% battery-electric vehicle sales by 2030. This could potentially boost Stellantis' position in the EV market.
Stellantis' partnership with AGI is a strategic move to support its dealership electrification and EV charging capabilities. This is in line with its Dare Forward 2030 strategy to achieve 50% battery-electric vehicle sales by the end of this decade. This could potentially boost Stellantis' position in the EV market and increase its competitiveness against other automakers. Therefore, this news is likely to have a positive impact on Stellantis' stock in the short term.
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