Stellantis (STLA) and Renault will Partially Suspend Production in Spain
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Stellantis (STLA) Announces Major Italian Initiatives
September 20, 2022 2:11 PM EDTStellantis (NYSE: STLA) announced two major Italian initiatives today. The initiatives are aimed at further driving the Companys transformation of its global electrification value chain and supporting its aggressive decarbonization targets.
According to the release, Stellantis and its joint venture partner, Punch Powertrain, signed a new agreement increasing production of... More
Bernstein Expects EV Battery Demand to Rise; Will IRA Budget be Enough?
September 19, 2022 8:07 AM EDTWhen U.S. President Joe Biden signed the Inflation Reduction Act (IRA) into law in August, he called it an historic step to fight inflation, lower costs, and create jobs that corporations cant ship overseas. The law was designed to do several things, not least of which was to combat climate change through clean energy and electric vehicle (EV) tax incentives.
Under the new law,... More
President Biden Announces $900M for EV Charging at Detroit Auto Show
September 15, 2022 2:28 PM EDTU.S. President Joe Biden, at the Detroit Auto Show Wednesday, announced the approval for $900 million in federal funding for a nationwide electrical vehicle charging network. As part of a $1 trillion infrastructure law passed in November, the first $900 million will be used to finance the construction of EV chargers across 53,000 miles of the national highway system in 34... More
Jeep Debuts 2023 Wrangler Willys 4xe at Detroit Auto Show
September 14, 2022 1:48 PM EDTJeep debuted its new 2023 Jeep Wrangler Willys 4xe plug-in hybrid electric vehicle to a gathered crowed at the Detroit Auto Show Wednesday morning. Numerous company executives were on hand for the unveilings, which took place as part of the 2022 North American International Auto Shows Media Day, including Stellantis (NYSE:... More
