Stellantis (STLA) Invests in Lyten’s Breakthrough Lithium-Sulfur EV Battery Technology
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Stellantis (STLA) appoints Aamir Ahmed to lead Fiat brand in North America
May 25, 2023 2:57 PM EDTStellantis (NYSE: STLA) announced Thursday the appointment of Aamir Ahmed to lead the Fiat brand in North America, effective immediately.
Throughout his career, Aamir Ahmed has taken on increasingly important roles, gaining extensive experience and a strong understanding of customer needs and technology.... More
VinFast to recall initial batch of US-bound EVs over safety concerns
May 25, 2023 2:43 PM EDTVietnamese electric automaker VinFast revealed Thursday its decision to recall the entire initial shipment of vehicles it sent to the United States last year. This action comes in response to a safety advisory issued by U.S. authorities.
VinFast made the decision after the U.S. National Highway Traffic Safety Administration (NHTSA) flagged a software issue in the dashboard display of 999 VF 8 vehicles. This glitch prevented critical safety information from being shown, posing a potential risk of crashes.
The... More
Senate Republicans call for Biden to scrap plans to cut emissions and ramp EV sales
May 25, 2023 1:42 PM EDTA coalition of 27 Senate Republicans spoke out Thursday, calling on the Biden administration to abandon its proposal to significantly reduce vehicle emissions by 2032 and accelerating the adoption of electric vehicle sales.
In a letter led by West Virginia Senator Shelley Moore Capito, lawmakers said the administration plan will "effectively mandate a costly transition to electric cars and trucks in the absence of... More
Stellantis (STLA) invests in Lyten’s lithium-sulfur EV battery technology
May 25, 2023 11:30 AM EDTStellantis (NYSE: STLA) announced Thursday that the American automaker has invested in advanced materials company, Lyten to accelerate the commercialization of the start-ups 3D Graphene applications for the mobility industry, including the LytCell Lithium-Sulfur EV battery. No financial or other details of the transaction were provided.
The investment, through Stellantis' venture capital arm... More
