Stellantis
Stellantis declares first worker share buy plan
Stellantis lately introduced its first worker share buy plan, referred to as the “Shares to Win” program. Shares to Win is an incentive program enabling Stellantis workers to change into shareholders of the legacy automaker on preferential phrases, listed beneath. No minimal subscription in France, and from one share subscribed in Italy 20% low cost on the […]
Stellantis explores battery swapping tech for EVs
Stellantis partnered with Ample Set up to discover Modular Battery Swapping Expertise for electrical automobiles (EVs). Stellantis and Ample signed a binding settlement to ship battery charging know-how able to recharging in lower than 5 minutes. “The partnership with Ample is one other instance of how Stellantis is exploring all avenues that allow freedom of […]
Stellantis CEO says U.S. and UK elections subsequent yr could gradual EV gross sales
Stellantis CEO Carlos Tavares has expressed issues surrounding main upcoming elections within the U.S. and the UK (UK) subsequent yr, warning that the political climates may play a job within the sale of electrical automobiles (EVs). Tavares famous the chance for a slowed electrification ramp at a press convention outdoors of Stellantis’s Mirafiori plant in […]
Stellantis and CATL signal LFP battery provide settlement
Stellantis N.V. and Modern Amperex Know-how Co(CATL) signed a lithium-iron-phosphate (LFP) battery cell settlement. In response to the non-binding Memorandum of Understanding (MoU) signed by Stellantis and CATL, the Chinese language provider will present battery cells and modules for Stellantis’ electrical car manufacturing in Europe. Stellantis and CATL are contemplating forming a three way partnership […]
GM and UAW have ratified labor settlement by means of 2028
After an unnerving couple of weeks for Normal Motors (GM) that highlighted the opportunity of not passing the just lately proposed United Auto Employees (UAW) contract, the automaker has formally managed to ratify the settlement. Set to final by means of 2028, it appeared at instances over the past two weeks that GM might not […]
Lucid Motors adopts Tesla’s NACS, leaving solely Volkswagen and Stellantis
Lucid Motors has formally introduced plans to undertake Tesla’s North American Charging Commonplace (NACS), which means the corporate will be part of a number of different automakers in having access to the Supercharger community within the coming years. On Monday, Lucid introduced plans to undertake the NACS charging port beginning in 2025, as detailed in […]
UAW’s beneficial properties from 6-week strike received’t be as a lot of a blow to Detroit 3 as anticipated: report
It seems that the Detroit Large Three’s losses from the UAW’s six-week strike wouldn’t be as substantial as initially feared. Because of initiatives corresponding to cost-cutting measures, Ford, GM, and Stellantis ought to be capable of climate an estimated mixed $2.9 billion loss from the UAW strike. The settlement’s 25% wage improve, restoration of cost-of-living […]
UAW’s strike positive factors gained’t be as a lot of a blow to Detroit 3 as anticipated: report
It seems that the Detroit Large Three’s losses from the UAW’s six-week strike wouldn’t be as substantial as initially feared. Due to initiatives similar to cost-cutting measures, Ford, GM, and Stellantis ought to have the ability to climate an estimated mixed $2.9 billion loss from the UAW strike. The settlement’s 25% wage enhance, restoration of […]
UAW expands strike to GM engine plant as Stellantis, Ford attain offers
The United Auto Employees (UAW) union escalated its strike in opposition to Common Motors (GM) on Saturday to incorporate a Tennessee engine plant, after Ford and Stellantis reached tentative contract agreements this week. After Ford and Stellantis reached tentative offers with the UAW up to now few days, the union formally launched a brand new […]
Stellantis joins Ford in reaching tentative UAW settlement: report
Stellantis has reportedly reached a tentative settlement with the United Auto Staff (UAW) union, which incorporates the reopening of 1 plant in Illinois. After Ford reached a tentative settlement with the UAW earlier this week, Stellantis has joined the automaker in providing a 25-percent wage improve over 4 and a half years, based on two […]