Stellantis CEO has bad News for the Future of EVs
Stellantis CEO Carlos Tavares is anticipating slower EV adoption because of the air around two key events next year. “There are two important elections next year — the European Parliament elections in June and the U.S. elections in November. It…
France Leads EU’s Electric Vehicle Charge as Stellantis Posts Huge Uptick in Sales
Stellantis, created in 2021 from the merger of Italian-American Fiat-Chrysler and French PSA, announced an 11% sales hike and a 7% rise in revenue for the third quarter of this year. While its revenue now stands at €45.1 billion, the…
EU-made EVs Would Cost $4,100 More In UK Under Post-Brexit Rules
If Britain and the EU fail to postpone post-Brexit trade rules dictating local content in electric vehicles traded between the bloc and the UK, average EU-made car prices will rise 3,400 pounds ($4,134) in January, a trade group said on…
Stellantis Picks Indiana For 2nd US EV Battery Plant
Stellantis announced Wednesday that it would build its second U.S.-based electric vehicle battery plant in Kokomo, Indiana, where the company is already building a similar battery plant. Both facilities are being built as joint ventures with South Korea’s Samsung SDI….
France Reluctant To Delay Brexit Tariffs On UK-EU Electric Cars – Sources
France is reluctant to delay post-Brexit tariffs that are set to hit electric vehicles traded between Britain and the European Union, French government sources said, in a move that could hit carmakers on both sides of the Channel.Under the EU-UK…
Stellantis Expects To Add More Gigafactories For Ev Batteries
Stellantis will build more battery-making plants on top of the six facilities it already plans in Europe and North America. The additional capacity will support growing production of EV vehicles, said Stellantis’ head of global propulsion systems, Micky Bly. “We have committed…
Jeep Owner Stellantis Invests $100 Mn In US Lithium
US-European auto giant Stellantis, whose brands include Jeep, Fiat and Peugeot, said Thursday that it was investing more than $100 million to buy US lithium, essential for producing electric vehicle batteries. Under the deal, US-based Controlled Thermal Resources will supply…
Stellantis’ Plans To Build $25,000 EV In US Clash With UAW Demands
Stellantis CEO Carlos Tavares last month said the sweet spot for affordable electric vehicles is “around $25,000,” adding that reaching this price point will be essential to safeguarding the company’s US manufacturing footprint in the long run. He also warned…
Sub-$27K Fiat Panda EV In The Works For U.S. And Europe
Stellantis is planning a new Panda-inspired EV with a lower starting price aimed squarely at halting the march gained by Dacia’s Spring EV. Additionally, the low-cost Panda EV will be brought to the U.S. as a second model to sit…
GM And Six Other Automakers Unite To Create EV Fast Charging Infrastructure Across North America
An alliance of seven major automakers that includes GM as well as BMW, Honda, Hyundai, Kia, Mercedes-Benz, and Stellantis has shaken hands on building a network of EV fast chargers that will include tens of thousands of individual “high-powered charge…
