Empowering Customers: A Year of Major Advances in Mobilisights’ Mobility Data

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Stellantis (STLA) adopts airfreight strategy as Red Sea attacks disrupt supply routs

January 12, 2024 3:03 PM EST

A spokesperson for Fiat-parent Stellantis (NYSE: STLA) announced Friday that the automaker would temporarily utilize airfreight to address supply disruptions arising from changes in international transport routes due to attacks on vessels in the Red Sea.

"Stellantis has taken appropriate measures to... More

Stellantis (STLA) invests in Tiamat for sodium-ion battery tech

January 12, 2024 12:01 PM EST

Detroit-based automaker, Stellantis (NYSE: STLA) announced Friday that the companys corporate venture fund, Stellantis Venture, is participating as a strategic investor in Tiamat.

Tiamat is a France-based battery manufacturer and is currently developing sodium-ion battery technology for commercialization.

Sodium-ion technology provides a more economical cost per kilowatt-hour and eliminates the need for lithium and cobalt. The... More

Shares fall as Tesla (TSLA) announces increased pay for U.S. workers

January 11, 2024 9:31 AM EST

Shares of electric vehicle giant, Tesla (NASDAQ: TSLA) are trending down more than 1.5% in pre-market trading Thursday morning after it was announced that the company notified workers at its California car plant of pay increases across its US factories.

This announcement marks the latest bump by a nonunion automaker as the United Autoworkers Union (UAW) works to increase membership in the U.S.

Tesla's facility in Fremont, California, has announced a "market adjustment pay... More