Stellantis, the global automaker born out of a merger between Fiat Chrysler Automobiles and French automaker Groupe PSA, will invest €30 billion ($35.5 billion) in electric vehicles and new software over the next four years as part of a major push to transition away from internal combustion engines.
The world’s fourth-largest automaker joins rivals such as General Motors and Volkswagen in earmarking billions toward EV investments through the first part of the decade. Among the company’s plans are manufacturing an electric Dodge muscle car and an electric Ram pickup truck, both by 2024. Stellantis also said it would offer an electric …
