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Stellantis (STLA) shares pulled back after the automaker announced a new “multi-energy” platform for internal combustion engine (ICE) vehicles, hybrids, and its electric trucks. The new system could make it easier for the company to produce EV models.
Yahoo Finance’s Auto Reporter Pras Subramanian joins Market Domination Hosts Julie Hyman and Josh Lipton to explain the news and what it signals about traditional automakers' accelerated electric transitions.
To watch more expert insights and analysis on the latest market action, check out more Market Domination here.
This post was written by Naomi Buchanan.