Stellantis plans affordable small EVs to revive its European business

Stellantis is turning to small, more affordable electric vehicles as it seeks a comeback in Europe.

The company is an automaker, and the plans focus on the European market.

The move reflects a bet on EVs that cost less and are easier for more buyers to consider.

The source does not provide details about specific models, prices or launch dates.

It also does not explain how the vehicles will be made more affordable.

The strategy matters because Stellantis is relying on these cars to help revive its business in Europe.

The source gives no further information about what happens next.