Stellantis

Just days after Stellantis CEO Carlos Tavares divulged the automotive conglomerate was mulling building electric vehicles for joint venture partner Leapmotor in Europe, the always interesting Tavares spoke further, sharing an openness to also assemble the Chinese EVs in North America, most likely the US, if necessary. Here’s the latest. Following a very public falling out with inherited joint venture partner GAC Group in China, Stellantis found a new suitor specializing in Chinese EVs in Leapmotor in…

Four months after announcing a joint venture with Chinese EV automaker Leapmotor, Stellantis is reportedly mulling taking the strategic cooperation further by building hundreds of thousands of BEVs for its new partner in Italy to serve the European market. Stellantis once operated a Jeep joint venture in China with GAC Group that it inherited from Fiat Chrysler Automobiles (FCA) before its merger with Peugeot S.A. in early 2021. However, by October 2022, Stellantis announced it was terminating the JV…

In a huge push to give European automakers a fighting chance over China in the EV sector, Stellantis and Mercedes-Benz have raised nearly €4.4 billion to build four new EV gigafactories across the European Union in the coming years. A press announcement this week said that the companies, along with Total Energies, have pulled off one of the largest debt fundraising operations ever carried out in the European auto sector. They expect to raise about €7 billion to build the factories for their co-owned…

Stellantis said it would launch a buyback of €3 billion after it posted an adjusted operating income slightly ahead of views for 2023, and added demand would be high but named pricing, labor costs, and an unpredictable EV market as headwinds for the year ahead. Stellantis said it would launch a buyback of €3 billion after it posted an adjusted operating income slightly ahead of views for 2023, and added demand would be high but named pricing, labor costs, and an unpredictable EV market as headwinds for the year ahead.…

(L-R) United Auto Workers (U.A.W.) members Kaleb Delfine, Bryan Broecker, Michael Gatto and James Triplett picket outside the Jeep Plant on September 18, 2023 in Toledo, Ohio. Sarah Rice | Getty ImagesGlobal auto giant Stellantis on Thursday reported a 10% year-on-year fall in profit in the second half of 2023, as six-week strikes at the so-called "Detroit Three" automakers hampered production in the group's North American profit epicenter.Adjusted operating income (AOI) came in at 10.2 billion euros ($10.96 billion) for…

Stellantis, the company that owns Chrysler, Dodge, Fiat, Jeep, Peugeot, Ram, and many other automotive brands, has announced that it will adopt Tesla’s North American Charging Standard (NACS), which is currently being standardized as SAE J3400, for its electric vehicles (EVs) starting with select models in 2025. Stellantis was the only major car manufacturer that hadn’t adopted NACS. Most other car manufacturers, including Audi, BMW, Ford, GM, Honda, Hyundai, Nissan, Porsche, Toyota, and Volkswagen, have already adopted…

Chrysler plans to launch its first EV in 2025, but the foundational brand of automotive conglomerate Stellantis may be taking a detour on the road toward that goal. In 2022, Chrysler showed the Airflow, a concept car reportedly previewing that first production EV. But now the brand has a new EV concept dubbed the Halcyon. Where the Airflow was a handsome but sensible crossover SUV, the Halcyon is a bit more fanciful. The low-slung four-door looks like Chrysler’s attempt to clone the Porsche Taycan. It’s even got…

Stellantis has finally announced that it is joining everyone else in adopting the NACS for its upcoming electric vehicles in North America, but there’s no deal with Tesla for the Supercharger network. In 2022, Tesla opened up its proprietary connector, now known as NACS, in the hope of making it the official charging standard in North America. It took a while, but eventually, automakers got on board. It started with Ford, then GM, and then virtually every other automaker except for…

is the latest manufacturer to commit to using Tesla’s NACS (North American Charging Standard). The company was the last remaining holdout among major automakers, meaning the NACS is becoming a true common standard.According to , electric vehicles from Stellantis brands (which include Dodge, Chrysler, Fiat, Ram, Jeep and Alfa Romeo) will start using the NACS connector in select models next year. The automaker will also offer an adaptor for existing vehicles, meaning drivers will be able to charge using either NACS or…

Fiat's new 2024 500e (source: Stellantis) Stellantis has been at odds with the Italian government for its lack of support in EV adoption and not backing home-grown brands Fiat and Alfa Romeo. But now Italy says it is open to buying a stake in Stellantis, Reuters reports, using the same model France uses for its beloved Renault. Italy has some of the oldest, most polluting cars in Europe, with some of the lowest EV adoption rates in Europe. The government, however, aims to change that…