Stellantis is expected to report its first annual loss later this week. The automaker, like others in the industry, is scaling back its electrification efforts, resulting in a massive hit to the company’s bottom line.  

 

Earlier this month, Stellantis reported that winding down its EV roadmap would cost it an estimated €22 billion ($26 billion at today’s exchange rate). The automaker will report its 2025 results later this week.