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Stellantis unveils low-cost electric cars in bid to revive European sales (STLA:NYSE)

Stellantis logo at the transmission factory. The Stellantis subsidiaries of FCA are Chrysler, Dodge, Jeep, and Ram.

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Stellantis (STLA) is betting on affordable electric vehicles and a wave of new models to reverse declining sales and market share in Europe, where Chinese competitors are gaining ground, Reuters reported.

Chief Executive Antonio Filosa unveiled six concept vehicles Sunday

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