Stellantis' (STLA) Fiat Chrysler unit loses bid to stop sale of Mahindra's Jeep lookalike in U.S.
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Stellantis (STLA) partners with Samsung to build second U.S. EV battery plant
July 24, 2023 7:42 AM EDTJeep-parent Stellantis (NYSE: STLA) announced Monday it will partner with Koreas Samsung SDI to build a second electric vehicle battery plant in the United States.
The companies have announced that they are currently evaluating the location for their new plant. According to their news release, they have already entered into a memorandum of understanding; however, the finalization of the transaction is contingent upon... More
Stellantis (STLA) and Saft unveil new, more efficient battery prototype
July 21, 2023 9:47 AM EDTStellantis (NYSE: STLA) and battery designer, Saft on Thursday unveiled their new Intelligent Battery Integrated System (IBIS) prototype: an energy storage battery that integrates the inverter and charger functions. The unique integration creates a battery that is more efficient, which enhances battery-electric vehicle range, is smaller, more reliable, and less costly.
After four years of collaboration through modeling and simulations to develop this new battery, the 25 engineers from CNRS (French National Centre... More
Official from Stellantis' (STLA) Fiat unit pleads guilts in felony emissions probe
July 20, 2023 1:45 PM EDTAccording to the U.S. Justice Department, an executive from Stellantis-owned Fiat Chryslers U.S. business unit has confessed to a felony charge for conspiring to breach the Clean Air Act.
This plea is a consequence of a prolonged investigation by the department regarding emissions fraud related to diesel engine vehicles. The individual involved,... More
Europe June Car Sales Rise 18.7% To 1.27 Million Vehicles - Bloomberg
July 19, 2023 5:43 AM EDTEurope June Car Sales Rise 18.7% To 1.27 Million Vehicles - Bloomberg
... More