Stellantis announced its decision to discontinue its hydrogen fuel cell technology development program. The company does not anticipate the adoption of hydrogen-powered light commercial vehicles before the end of the decade. Stellantis will no longer launch its new range of hydrogen-powered Pro One vehicles this year. The company said its decision will not impact staffing at Stellantis' production sites.
Stellantis has initiated discussions with the shareholders of Symbio to evaluate the current market consequences and to preserve the best interests of Symbio, in line with their respective obligations.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.