The automaker, which was created by the merger of Fiat Chrysler and Peugeot, has lagged in the fast-growing market for electric cars.
The automaker, which owns Jeep, Ram and Fiat, said its profit more than doubled, thanks to higher prices and cost-cutting measures that outweighed interruptions caused by the semiconductor shortage.
The company has big plans to turn its delivery fleet green. But very few of the vehicles are made right now.
A push to increase sales of electric vehicles favors companies that already have all-electric cars on the market and could penalize those that don’t.
The initiative would also promote the construction of charging stations and include financial incentives for consumers and carmakers.
After 80 years, the King of the Off-Road is vying to maintain its cult following while it charts its electric future.
