I think you are missing a big understanding of their market. In Europe (Stellantis' primary market) cars are smaller and people spend less than North America, families have less cars, more families live in apartments and the electric charging infrastructure is worse. But a lot of people still like to be able to drive long distances, and for those an EV doesn't make sense as their primary car.

Their top car in 2021 was the Peugeot 208, which is also the #2 car in Europe (after the similar sized VW Golf). The petrol version starts at €22k, and the electric version starts at €28k (after incentives). That gives you maybe 250km of range. Where I live, that's not even enough to drive to the beach - one way - for the weekend, yet my petrol car could go there and back on a single tank.

At the end of the day what they say is correct, EVs will be more expensive than ICE vehicles and it'll be hard for the industry to transition. Maybe that's not a bad thing though... people will keep older vehicles running longer instead of buying new cars every 2 years.