Automaker reports premium luxury and LCVs hold up against "challenging" economic and logistics environment and that R&D into ICE technology will continue into 2030s as BEV sales stay weak.
Stellantis is launching the small, limited-range battery-electric-vehicle in March, and dealers are anxious to get them despite a slowdown in BEV demand.
Chinese battery-electric-vehicle maker BYD is entering South America with its least-expensive BEV, and continues to pursue a manufacturing site in Mexico as a staging ground for the U.S. market.