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Friday 26 January 2024
Stellantis-Leapmotor ties could start new automaker partnership in China, DIGITIMES Research says
International carmakers have been exploring ways to secure their market share in China, where EVs see robust growth. Jessie Lin, senior analyst with DIGITIMES Research, said the strategic...
Wednesday 20 December 2023
Automakers commit to full EV subsidy after German government drops out
Several carmakers have decided to bear the cost of EV incentives after the German government terminated the program. Tesla, Volkswagen, Stellantis, Mercedes-Benz, and Audi all said...
Wednesday 29 November 2023
Shifting gears: dynamics of investment in EV production and supply chains in the global automotive landscape
Supply chain experts note a deceleration in major carmakers' investments in electric vehicle (EV) self-production projects. This shift is attributed not only to considerations of...
Wednesday 22 November 2023
Stellantis deepens ties with CATL, considering joint battery plant in Europe
European automaker Stellantis and Chinese battery giant CATL announced that they have signed a non-binding MoU for the LFP battery supply in Europe. The pair is also considering building...
Friday 10 November 2023
GM, Stellantis invest in rare-earth-free EV motor magnets as China tightens material exports
General Motors and Stellantis have become the latest investors of Niron Magnetics, a US-based startup focused on developing rare-earth-free magnets, an essential material for EV motors...
Tuesday 31 October 2023
Stellantis revenue climbs on higher EV sales, stable pricing
Stellantis NV reported better-than-expected revenue in the third quarter, bolstered by stable pricing, an improving supply chain and robust demand for models such as the electric...
Thursday 26 October 2023
Stellantis to invest EUR1.5 billion in China-based Leapmotor
Europe-based Stellantis announced on October 26 that it will invest EUR1.5 billion (US$1.57 billion) in Chinese EV maker Leapmotor. The two companies will also form a joint venture...
Thursday 28 September 2023
Will strike at Detroit Big Three reshuffle automotive orders?
The strike initiated by the United Auto Workers (UAW) at General Motors, Ford and Stellantis plants has lasted for two weeks. Automotive suppliers said that the Big Three's orders,...
Friday 25 August 2023
Stellantis weighs tie-up with EV maker to expand in China, sources say
Stellantis NV is considering a tie-up with a Chinese electric vehicle company as Europe's second-largest automaker by sales seeks to bolster its presence in the world's biggest auto...
Tuesday 25 July 2023
Stellantis, Samsung SDI to build second EV battery plant in the US
Stellantis and its battery partner Samsung SDI will build a second plant in the US to support the carmaker's EV ramp-up. The facility is expected to begin production in 2027. In addition,...
Wednesday 19 July 2023
Stellantis implements semiconductor strategy to secure long-term supply
Carmaker Stellantis announced a multifaceted strategy on July 18 to mitigate the risk of chip shortages. The company has secured EUR10 billion (US$11.2 billion) of semiconductor purchases...
Friday 7 July 2023
Western companies should negotiate win-win situations with China, Stellantis CEO says
China plans to restrict the export of gallium and germanium-related items, which are used in semiconductor and EV products. Automaker Stellantis CEO Carlos Tavares said he does not...
Wednesday 21 June 2023
Foxconn, Stellantis form SiliconAuto for automotive semiconductors
Franco-Italian automotive group Stellantis and the world's largest electronics manufacturer Foxconn announced a joint venture for automotive semiconductors to meet the growing demand...
Tuesday 6 June 2023
Stellantis to establish JV with Galloo for end-of-life vehicle recycling
Carmaker Stellantis announced on June 5 that it has signed a memorandum of understanding with Galloo, a European metals recycler, to form a joint venture to recycle end-of-life vehicles...
Monday 22 May 2023
Major carmakers, unicorn startups trimming software manpower to cut costs
Global autonomous vehicle unicorn startups and major carmakers have been on track to lay off employees in the underperforming departments since the second quarter of the year, especially...