Core Insights - Stellantis has officially ended sales and production of its plug-in hybrid (PHEV) models in the United States, marking a significant shift in its strategy [1][10] - The company will focus on more competitive electrified solutions, including conventional hybrids and extended-range electric vehicles (EREVs), starting with the 2026 model year [2][10] Group 1: Strategic Shift - Stellantis is discontinuing its PHEV programs in North America due to reduced demand for plug-in hybrids and changing consumer preferences [2][5] - The decision comes despite the previous success of models like the Jeep Wrangler 4xe, which was the best-selling plug-in hybrid for three consecutive years [3][4] - The company is reshaping its North American portfolio, discontinuing models such as the Jeep Grand Cherokee 4xe and Chrysler Pacifica PHEV [4][10] Group 2: Market Dynamics - The shift reflects a broader acceptance of traditional hybrids among U.S. buyers, as they do not require external charging [5] - Recent adjustments to U.S. federal incentives have diminished the financial appeal of PHEVs, further influencing Stellantis's decision [5] - The discontinuation follows a series of recalls affecting PHEV models, particularly concerning battery failures and fire reports, which have added pressure to the PHEV segment [6][10] Group 3: Future Direction - Stellantis announced the discontinuation of the development of Ram's all-electric pickup, the Ram 1500 REV, as part of its strategic repositioning [7] - The company aims to offer electric driving with longer range and reduced dependence on charging infrastructure through its focus on conventional hybrids and EREVs [7][10]

Group 1 - The late CEO Sergio Marchionne's legacy is being questioned in light of Stellantis N.V.'s current market prospects [1] - The article reflects on the author's extensive experience in the automotive industry, indicating a deep understanding of the sector [1] Group 2 - No relevant content available for this section [2][3]

Core Insights - Nexans has completed the sale of its industrial cable division, Lynxeo, to Latour Capital for an Enterprise Value of €525 million, marking a significant step in its strategy to focus on electrification [1][2]. Company Overview - Nexans has been a key player in global electrification for over a century, employing approximately 28,500 people across 41 countries. In 2024, the company reported standard sales of €7.1 billion and is recognized for its commitment to sustainable energy solutions [5]. Transaction Details - The sale of Lynxeo is intended to streamline Nexans' operations and enhance resource allocation, aligning with its long-term vision for sustainable growth in the electrification sector [2][1]. Latour Capital Profile - Latour Capital is an independent French asset management firm with €4 billion under management, focusing on companies with strong growth potential. The firm emphasizes operational experience and has a team composed of 50% former managers [3][4].