Stellantis, the world’s fourth largest volume automotive manufacturer, has continued its double down programme in Formula E despite electric vehicle industry turbulence that has seen it, like many other OEMs, significantly alter its plans and strategies. From DS and Maserati, Stellantis has chosen to introduce Citroen this season, and Opel next, in a quest to reinvigorate its title-winning glory from the Gen2 era. Why Stellantis is consolidatingStellantis, through its Citroen and now Opel brands, has renewed, and, in many people’s eyes, has enhanced its commitment to Formula E. To some, that is a surprise considering that the automotive behemoth announced €22.2 billion of charges in February as it pulls back its electric-vehicle forecasts. The move was seen as the company managing investment between EVs and petrol products while facing prolific and cheaper Chine …
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Author: Sam Smith
