Stellantis Doubles Down on Traditional Hybrids as US EV Market Shifts

A Stellantis assembly worker installs the door frame to a 2021 Jeep Grand Cherokee L on the assembly line at the Detroit Assembly Complex – Mack Plant in Detroit, on June 10, 2021. Rebecca Cook/ReutersStellantis is bringing back the Ram Hemi V8 engine and shifting its strategy toward traditional hybrids rather than fully electric vehicles, citing major changes in market dynamics, including the rollback of regulations and rising consumer demand for hybrids.The company’s new direction was outlined by CEO Antonio Filosa on Dec. 4 during the Goldman Sachs Industrial and Auto Conference.