Key Takeaways Stellantis will discontinue all plug-in hybrids in North America, starting with the 2026 model year.STLA is shifting toward conventional hybrids and EREVs as U.S. demand for PHEVs has weakened.Stellantis recalls and reduced federal EV incentives have added pressure to its plug-in hybrid lineup.Stellantis (STLA) , an Italian-American automaker, has officially ended sales and production of its plug-in hybrid (PHEV) models in the United States. The move marks the end of an era for several high-en ...

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].