Stellantis Ventures Invests in Tiamat and Affordable Sodium-Ion Battery Technology

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Stellantis (STLA) names new North America COO

January 16, 2024 11:24 AM EST

Stellantis (NYSE: STLA) has announced the appointment of Carlos Zarlenga as the new Chief Operating Officer for North America, succeeding Mark Stewart. The carmaker aims to capitalize on "further improvements" in regional performance with this change. The effective date for the new... More

Stellantis (STLA) signs multi-billion euro deal with German rental firm

January 16, 2024 11:02 AM EST

Fiat Chrysler-parent, Stellantis (NYSE: STLA) announced Tuesday that the Franco-American automaker has entered into a multi-billion euro agreement with European rental firm SIXT SE.

According to the announcement, Stellantis will sell SIXT up to 250,000 vehicles across Europe and North America over the... More

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