FX.co ★ Stellantis To Ramp Up Hybrid Models In Europe - Quick Facts

Stellantis (STLA) announced its plan to offer 30 hybrid models in Europe this year, with an additional six scheduled for release by 2026. The company reported a 41% increase in EU30 hybrid model sales year-to-date for 2024 compared to the same period in 2023. Stellantis anticipates a higher customer adoption rate with the forthcoming launches.

Uwe Hochgeschurtz, Stellantis' Chief Operating Officer for Enlarged Europe, stated: "This technology not only enhances the efficiency and performance of traditional combustion engines but also drives us towards a future of lower emissions, extended vehicle range, and overall affordability for our customers."