IEN Radio

LISTEN: Stellantis Discontinues Hydrogen Development

Eric Sorensen

Big 3 pillar Stellantis issued a rather shocking warning this week when it reported preliminary financial figures that estimate a $2.7 billion first half loss.

And as the auto company gets focused on the poor financials – impacted largely by tariff costs and related production losses – it’s also unveiled some strategic changes relating to R&D.

Stellantis said it will suspend its   development program and - with it - will discontinue the hydrogen powered commercial vans that it had previously planned to begin making this year.