Stellantis

Stellantis CEO Carlos Tavares, the leader behind brands including Jeep, Ram, Dodge, Fiat, and several others, has a warning for other automakers. Tavares said EVs must be affordable but profitable, or they will be “in trouble very, very soon.”

In the race to build small, more affordable electric vehicles to stave off fierce Chinese competition, Stellantis announced this morning that it has signed a broad preliminary joint venture with Chinese EV battery giant CATL. The plan involves buying and developing LFP batteries for the company’s small and mid-sized EVs in Europe. As part of the long-term deal, Stellantis – the parent company of Jeep, Fiat, Citreön, and Peugeot, among many more – is planning to build a new gigafactory in Europe to manufacturer LPF batteries.

California-based EV maker Rivian (RIVN) announced Monday it’s bringing on Carlo Materazzo as vice president of logistics. Materazzo comes to Rivian with over 20 years of auto experience as the EV maker continues ramping production.

GM Ventures and Stellantis Ventures have joined a growing list of investors that have recently raised $33 million in additional funding for Niron Magnetics – a company developing proprietary Clean Earth Magnets based on Iron Nitride that function without rare earths or other critical materials used in today’s EVs.

It looks like Ram has taken a page from Toyota’s playbook on how to spin a hybrid into a “class-shattering battery electric vehicle” that gets “unlimited range”: just make stuff up. Ram, owned by Stellantis, insists that we not call its new Ramcharger 1500 pickup a hybrid when it in fact houses a 27-gallon gas tank between the battery and the rear axle. So yeah, it’s clearly a hybrid.

Once a fierce critic of the European Union’s push to restrict ICE vehicles, Stellantis is now reaping rewards from its shift in focus to EVs, with France taking the lead thanks to revised “green bonus” incentives for Europe-made cars while freezing out Chinese brands. Yesterday the company announced a 7% year-on-year sales uptick yesterday, with a 37% boost in EV sales in Europe, beating out Tesla.

Stellantis, the parent company behind Jeep, Ram, Dodge, and 11 others, is launching several new affordable EVs in 2024. The automaker aims to reduce prices on electric models to take on industry leaders like Tesla and incoming Chinese EV makers.

UAW has announced that it has come to a tentative agreement with Stellantis to end the six-week strike, including job gains from the reopening of a plant in Belvidere, Illinois and addition of a new battery plant in that location.

Soon after, UAW announced that workers at GM’s plant which makes the all-electric Cadillac Lyriq will go on strike.

One year after filing for bankruptcy with its Jeep joint venture in China, Stellantis has found a new partner in EV startup Leapmotor to utilize its existing technology ecosystem as part of a $1.6 billion joint venture that will expand availability of the Chinese EVs in new markets in Europe, possibly beyond.

Stellantis announced it has signed a memorandum of understanding (MOU) with hydrometallurgical metal recovery expert Orano, to establish a joint venture focused on recycling end-of-life EV batteries and production waste materials from its plants around the world.

Stellantis, parent company of Fiat, Ram, and Peugeot, announced its plans to overtake Ford as the global number-one seller of pickup trucks and vans within the next four years, and it’s hoping electrification will take it there. 

Jeep and Ram owner Stellantis looks to take on the incoming competition with its new Citroen e-C3 electric car. Starting at around $24,500 (23,300 euros), Stellantis calls the new EV “The first European affordable electric car.” An even cheaper version is due out in 2025.

Jeep’s first 100% electric SUV, the Jeep Avenger, is creating a buzz in Europe. The Avenger has received over 40,000 orders since launching, as momentum picks up into the second half of the year.

Stellantis, the parent company behind Jeep, Dodge, Ram, Fiat, Chrysler, and others, is set to release several new all-electric vehicles next year to kick off its EV campaign. Here’s a look at the first EVs due out next year.

Jeep and Ram owner Stellantis is considering partnering with a Chinese EV maker, following in Volkswagen’s footsteps. Stellantis EVs may ride on an EV platform from China to strengthen its brand in the region.

eVTOL developer Archer Aviation shared an exciting Q2 2023 financial results call complete with three signification updates, including airworthiness certification from the FAA and a fresh round of investments from some big names like Stellantis and United.

In order to compete with other automakers and garner a larger slice of the EV market, Stellantis shared that it is developing a second, lower-priced EV inspired by the Panda from its sub-brand Fiat. The new Fiat EV is expected to arrive priced below €25,000.

Jeep and Ram owner, Stellantis posted its first-half results Wednesday, showing a 24% rise in global EV sales. Ahead of its North American EV offensive, Stellantis CEO Carlos Tavares said the automaker’s margins were better than that of Tesla and General Motors.

And yes, it’ll have NACS accessibility. In a shocking but exciting announcement this morning, a group of some of the world’s largest automakers has combined forces into a new joint venture to deliver a new “high-powered” charger network across cities and highways in North America to expedite EV adoption. Oh, and they intend to power the entire network with renewable energy.

Just over a year after announcing a joint venture to establish EV battery manufacturing together in the US, Stellantis and Samsung SDI are doubling down with a second plant with an even higher annual production capacity.

On Tuesday, Stellantis announced it has entered into agreements worth over $11.2 billion (€10 billion) for semiconductors through 2030. The automaker says it has built a “comprehensive ecosystem” to reduce the risk of running into EV supply chain shortages.