Stellantis announced that it will cease U.S. sales of all plug-in hybrid electric vehicles (PHEVs) for its Jeep and Chrysler brands by the end of this quarter, reallocating an estimated $2.3 billion in annual R&D spending toward conventional hybrids and extended‐range electric vehicles (EREVs). The decision follows a review showing that PHEVs accounted for just 4 percent of Stellantis’ North American volume last year despite representing 12 models across the portfolio. Beginning in Q3, the company will introduce four new hybrid powertrains—covering small, midsize and full-size segments—designed to deliver up to 40 mpg combined and support 0-30 mph electric‐only launches. Stellantis expects hybrids and EREVs to comprise 25 percent of its U.S. sales mix by 2027, up from 8 percent today, and has earmarked capacity at two Michigan assembly plants to build 150,000 hybrid units annually by late 2026.