Browsing Tag
stellantis
9 posts
Stellantis Faces Challenges as CEO Carlos Tavares Resigns Abruptly
Shares in Stellantis, the world’s fourth-largest carmaker, dropped over 7% on Monday following the unexpected resignation of CEO…
Stellantis Aims to Compete with Chinese EV Makers Amid Global Trade Challenges
Stellantis, the world’s fourth-largest automaker, is embracing the low-cost strategy of Chinese electric vehicle (EV) makers to stay…
Stellantis Invests $406 Million in Michigan Plants to Boost Electric Vehicle Production
Stellantis is investing over $406 million into three of its Michigan facilities as part of its push toward…
Biden Administration Grants $1.1 Billion to Stellantis and GM for EV Production
The Biden administration has announced a significant investment in the future of electric vehicles (EVs), awarding nearly $1.1…
Auto industry must halve EV battery weight over next decade, Stellantis CEO says
MILAN—To make electrification environmentally viable, the automobile industry must reduce the weight of EV batteries by half over…
Russian company starts Citroen production at former Stellantis factory
Moscow — Automotive Technologies, a Russian firm, revealed that it has begun assembling Citroen C5 Aircross models…