Why Stellantis Is Staying All-In on Electric Vehicles

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.6 • 1.6K Ratings

🗓️ 5 April 2024

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

Two years ago, carmaker Stellantis set out an ambitious goal: to make half of the company's U.S. sales volume all-electric by 2030. But while competitors have dialed back their EV ambitious, the company behind brands like Jeep, Chrysler and Dodge remains all-in. WSJ reporter Ryan Felton speaks with host Alex Ossola about Stellantis’ big EV bet. Plus, Amazon merchants say they regularly receive junk instead of returned purchases. WSJ reporter Sebastian Herrera explains how return fraud became a big problem for online retailers. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	So how do we get AI right?
0:02.0	Well, we need the right volume of data, the software to train it, and massive compute power, or...
0:10.0	Another one buys the dust.
0:12.0	Are you ready?
0:13.0	Are you ready for this?
0:14.0	Are you hanging on the edge of your seat?
0:16.0	But with HE Green Lake, we get access to supercomputing to power AI at the scale we need,
0:21.0	helping generate better insights.
0:22.6	All right.
0:25.4	Nice teamwork guys.
0:26.9	Search HPE Green Lake.
0:30.4	Welcome to Tech News Briefing. It's Friday, April 5th. I'm Alex Oscela for the Wall Street Journal.
0:40.0	Coming up on today's show, Amazon Sellers say that people regularly ship back junk and claim
0:45.2	their returns, and it's having an impact on Sellers' bottom line.
0:49.6	We'll hear what the company is doing to address return theft from W.S.J. reporter Sebastian Herrera.
0:56.0	And then, while some automakers are pulling back their bets on electric vehicles, Chrysler
1:00.8	parent Stellantis is staying all in.
1:03.2	W.S.J. reporter Ryan Felton tells us why the company says it has an edge in the EV race.
1:09.2	But first, dog nail clippers, football cleats, flip-flops, these are just some of the things
1:17.8	that Amazon sellers say they've received back from customers instead of the item they
1:21.8	originally sold.
1:23.4	It's part of a spate of return fraud,
	...

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