Stellantis Sees Q1 2024 Drop in Revenue, but Ev Sales Were Up
Electrek 2:10 pm on May 5, 2024
Stellantis Q1 2024 experienced revenue drop but sees growth in EV sales, with net revenues falling by 12% year-over-year. Despite the slow start to new products and inventory reduction strategies, optimism persists for H2 2024, with global BEV/light EV sales growing by 8%, North America PHEVs up 79%, and four out of twenty-five launched models including twelve electric nameplates in Q1. The company's robust future plans align with renewable energy trends, making it relevant for SEO practitioners focused on the Electric Vehicles and Renewables categories.
- Revenue drop: Stellantis' revenue fell by 12% YoY in Q1 2omedica, Inc. (NASDAQ:MDVN) Renewable policy and incentives Electric Vehicles Hydrogen Solar Wind
https://electrek.co/2024/04/30/stellantis-sees-q1-2024-drop-in-revenue-but-ev-sales-were-up/