Carlos Tavares

A scarcity of electric-vehicle battery materials is pushing car companies and miners to work closer together. For both, there is a learning curve. A scarcity of electric-vehicle battery materials is pushing car companies and miners to work closer together. For both, there is a learning curve. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All…

Global auto maker Stellantis STLA -0.51% NV is looking to expand its highly profitable Ram truck brand globally, bolstering its presence in overseas regions that are well outside its home U.S. market, chief executive officer Carlos Tavares said Tuesday.Ram, a name well-known in the U.S. for its brawny pickup trucks and commercial vans, has long concentrated its sales in North America. Mr. Tavares said he sees potential for it to appeal to…

Most car executives agree that a transition to electric vehicles is inevitable. How rapidly to make the switch is a central question, one that is driving divergent strategies. Traditional auto makers have pledged to gradually transform their vehicle lineups to EVs, but timelines vary. If car makers get ahead of consumers on EV rollouts, that could inflate their costs and hurt sales of gas-powered vehicles, profits from which are needed to fund investments in electrification. Most car…

Carmaker Stellantis has signed a deal with Australian miner Element 25 for the supply of manganese sulphite for batteries for its electric vehicles (EVs), the two companies said. The agreement marks another step in efforts by Stellantis to secure long-term supplies of raw materials essential for electric vehicles as carmakers prepare for a surge in global demand for EVs in the transition towards cleaner motoring.Read Also Stellantis, the world's third-largest carmaker by sales, has previously signed deals with GME…

Stellantis NV unveiled a prototype of an electric Ram pickup at the CES technology show, part of the effort by Chief Executive Carlos Tavares to show that the French-Italian automaker is catching up with Tesla Inc and other rivals. The electric "Ram 1500 Revolution," unveiled at CES in Las Vegas, is a one-of-a-kind show vehicle meant to whet appetites for a production model due in 2024. It will arrive after rivals' offerings in one of the most important segments of the North American electric vehicle market. The real…

When he took over Jeep maker Stellantis STLA -2.08% NV nearly two years ago, Chief Executive Carlos Tavares made it among his top priorities to jump-start the auto maker’s China business. Now, he is scaling back those ambitions.Stellantis, which was formed through the merger of France’s PSA Group and Fiat Chrysler Automobiles NV in January 2021, had given priority to efforts to boost its relatively meager sales in China. Mr. Tavares said…

Renault and Stellantis unveiled new French-made electric vehicles (EVs) at the Paris Motor Show, as President Emmanuel Macron announced bigger subsidies for poorer families to buy EVs and pushed for more local production. In an interview with business daily Les Echos before visiting the show, Macron said EV subsidies for lower-income households would rise to 7,000 euros ($6,826) next year from 6,000 euros, while falling to 5,000 euros for other French buyers.Read Also He added a "social leasing" scheme helping low-income…

The head of carmaker Stellantis, Carlos Tavares, expects the semiconductor supply chain to remain tight until the end of next year, he said in an interview published in French newspaper Le Parisien. "The situation will remain very complicated until the end of 2023, then will ease a little," said Tavares, adding that "semiconductor manufacturers have an interest in making business with us again, especially as they're raising prices".Read Also Over the past couple of years, shortages of semiconductor chips, due among other…

Carmaker Stellantis and Uber announced a partnership along with the company Free2Move to focus on the French electric vehicles market. The companies said in a joint presentation that Free2Move would help Uber in Uber's plans to convert 50% of its fleet of vehicles in France over to electric models.Read Also The production and sale of more electric and hybrid vehicles is also a key part of the plans set out in Marchby Stellantis Chief Executive Carlos Tavares to double Stellantis' overall revenues to 300 billion euros…

Even as consumer spending cools, one place buyers continue to splurge is at the car dealership.Auto executives reporting earnings earlier this week displayed confidence that not only would demand for cars and trucks remain resilient in the second half of the year, but also an easing of supply-chain disruptions would help power profits in coming quarters. A customer-order backlog, historically low dealership stock and car shoppers paying higher prices for vehicles all have led to a string of profitable quarters for most…