Stellantis (STLA) option implied volatility flat into New York Auto Show
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Stellantis (STLA) and BMW in talks with Panasonic to build battery plants
April 4, 2023 3:21 PM EDTThe Wall Street Journal reports Tuesday, citing people familiar with the matter, that Stellantis (NYSE: STLA) and BMW are in talks with Panasonic about teaming up to build electric vehicle battery plants in North America.
Stellantis, the world's third-largest automotive group by... More
Stricter EV tax credit rules to take effect on April 18
March 31, 2023 1:53 PM EDTThe U.S. Treasury unveiled Friday stricter electric vehicle tax rules that will reduce or cut tax credits on some zero-emission models but grants buyers another two weeks before the new requirements take effect.
The EV battery sourcing guidance issued Friday triggers new requirements for critical minerals and battery components and takes effect for vehicle purchases starting April 18.
The rules are aimed at weaning the United States off dependence on China for EV battery supply chains and part of President Joe Biden's effort to make 50% of U.S. new vehicle sales by 2030 EVs... More
