Renault CEO says Ampere IPO value could reach $10 Billion

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Aramco and Stellantis Collaboration Indicates eFuel Compatibility with European Engine Families

September 5, 2023 9:13 AM EDT

Joint Press Release

Aramco and Stellantis Collaboration Indicates eFuel Compatibility with European Engine Families

Stellantis and Aramco find that 24 engine families in European vehicles produced since 2014 (Euro 6) are compatible with expected eFuels formulationsCompanies worked together using surrogate eFuels for the testing, according to existing fuel standards, as part of their pursuit of lower-carbon energy solutionsAramco is exploring development of low-carbon eFuels as a drop-in solution to potentially reduce... More

Weekly Report (August 25-31, 2023) on the Second TrancheĀ of Stellantis Share Buyback Program

September 1, 2023 1:01 PM EDT

Weekly Report (August 25-31, 2023) on the Second Tranche of Stellantis Share Buyback Program

AMSTERDAM, September 1, 2023 - Stellantis N.V. (Stellantis or the Company) announced today that pursuant to its Second Tranche of the Share Buyback Program announced on June 7, 2023, covering up to 500 million to be executed in the open market during the period between June 7, 2023 and September 7, 2023, it has repurchased the following common shares in the period between August 25 up to and including August 31, 2023:

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Rivian Appoints Dr. Kjell Gruner as Chief Commercial Officer and President, Business Growth

September 1, 2023 9:05 AM EDT

IRVINE, Calif.--(BUSINESS WIRE)-- Rivian Automotive, Inc. (NASDAQ: RIVN) today announced it has appointed Dr. Kjell Gruner as its Chief Commercial Officer and President, Business Growth. Gruner is joining Rivian from Porsche Cars North America, Inc. (PCNA), where he was most recently President and CEO. Gruner starts at Rivian today and will report directly to Rivian Founder and CEO RJ Scaringe. At Rivian, Gruner will oversee Rivians commercial function including Sales, Marketing, Customer Care, Delivery, Service, and Fleet.

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