, said net revenue of 179.6 billion euros was up 18% from 2021, citing strong pricing and its mix of vehicles. It reported net profit of 16.8 billion euros, up 26% from 2021.
Stellantis plans to convert all of its European sales and half of its U.S. sales to battery-electric vehicles by 2030. It said the strategy led to a 41% increase inThe company has “demonstrated the effectiveness of our electrification strategy in Europe,” CEO Carlos Tavares said in a statement.
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