Market Chatter: Stellantis Using Technologies From Toyota Supplier, Bosch for Hybrid SUVs

MT Newswires Live03-10

Stellantis (STLA) is using technologies from automotive suppliers for its latest hybrid SUVs, CNBC reported Tuesday, citing unnamed sources from each company.

The automaker's Jeep Cherokee hybrid SUV for North America has a two-motor electric continuously variable hybrid transmission from Blue Nexus, a company backed by Toyota Motor (TM), while upcoming extended range electric vehicles will use Bosch technologies, according to the report.

Stellantis, Toyota, and Bosch did not immediately respond to MT Newswires' requests for comment, while Blue Nexus could not be immediately reached.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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