Stellantis

Stellantis, the parent company of Dodge, Jeep, and Chrysler, has selected Kokomo, Indiana, as the site for its next electric vehicle battery factory. The plant will be built in partnership with South Korea’s Samsung SDI, which is a leading EV battery maker. The companies made the announcement Tuesday alongside Indiana Governor Eric Holcomb and several other local officials in Kokomo. The new facility will create 1,400 new jobs and cost $2.5 billion to construct, though Stellantis and Samsung are willing to spend up to…

Stellantis CEO Carlos Tavares holds a news conference after meeting with unions, in Turin, Italy, March 31, 2022.Massimo Pinca | ReutersAutomaker Stellantis plans to invest more than $2.5 billion in partnership with Samsung SDI to build the automaker's first U.S. electric vehicle battery manufacturing facilityThe companies on Tuesday announced the new plant will be located in Kokomo, Indiana, where Stellantis already has a supplier base. It's also centrally located to several of its vehicle assembly plants in the…

South Korea’s Samsung SDI Company plans to build an electric vehicle (EV) battery plant in Indiana in a venture with Stellantis, according to local reports. A formal announcement on their joint venture plan, originally outlined by the two partners last October, was expected to be made this week. Stellantis wants to establish a strong deal to secure supplies of batteries to support its future Chrysler electric and hybrid vehicle…

Stellantis N.V. CEO Carlos Tavares has outlined India’s strategic importance for Stellantis and his vision to evolve its operations as part of the Dare Forward 2030 global strategic plan. The merged companies that formed Stellantis have invested over €1 billion since 2015 to develop a sustainable footprint in the country and grow its brands, in line with the Government of India’s plan to develop the auto industry through its “Make in India” initiative. India is already a major sourcing hub for vehicles, components, and…

Stellantis has announced personnel changes effective 1 June, 2022. Maxime Picat is appointed chief purchasing and supply chain officer, replacing Michelle Wen who will “pursue personal projects”. Uwe Hochgeschurtz is appointed enlarged Europe chief operating officer, replacing Picat. He has 30 years of experience in several countries in the automotive industry, especially in international sales. Alison Jones, currently in charge of the UK…

Snapdragon Cockpit Platforms will also deliver a fully immersive in-cabin experience, enabling premium audio and crystal-clear voice communications throughout the vehicle’s cabin, it said. (Representational Image)New Delhi: Automaker Stellantis N.V. and semiconductor company Qualcomm Technologies on Thursday announced a multi-year collaboration for the use of latest Snapdragon Digital Chassis technology across the company’s vehicle lineups.Fourteen Stellantis brands, including Abarth, Alfa Romeo, Chrysler, Citroën,…

Stellantis booked first quarter 2022 revenue up 12% year on year to EUR41.5 billion as shipments of vehicles fell 12% to 1,374,000 units due mostly to the semiconductor shortage. The automaker cited “strong pricing and vehicle mix” as well as favourable foreign exchange effects for the revenue rise. “Our full-year guidance for double-digit adjusted operating income margins and positive cash flow is confirmed, despite supply and…

Ford CEO Jim Farley speaks at the launch of the all-new electric Ford F-150 Lightning pickup truck at the Ford Rouge Electric Vehicle Center on April 26, 2022 in Dearborn, Michigan. The F-150 Lightning is positioned to be the first full-size all-electric pickup truck to go on sale in the mainstream U.S. market. Bill Pugliano | Getty ImagesDETROIT — Even as the Detroit automakers change and adapt to compete with electric vehicle leader Tesla, some things in the Motor City stay the same.General Motors, Ford Motor and…

Flag with the Stellantis logo on the front entrance to FCA's Mirafiori plant on January 18, 2021 in Turin, Italy.Stefano Guidi | Getty ImagesAuto giant Stellantis will invest about $2.8 billion to overhaul two Canadian factories to build fully electric and hybrid vehicles, the company said on Monday, as part of its $35 billion global commitment to electrification and related initiatives.The revamp will allow the automaker to build such versions of several of its upcoming models using new "multi-energy" architectures. The…

Automaker Stellantis has signed a multiyear deal to use Qualcomm’s next-generation connected-car technology in its vehicle lineup, the companies said on Thursday.Fourteen Stellantis brands, including Peugeot, Fiat and Jeep, will use Qualcomm’s vehicle cockpit and 5G telematics technology starting in 2024 with the Maserati brand being the first out the gate, said the companies, which did not disclose the deal value.Stellantis Chief Executive Carlos Tavares said in a statement the collaboration helps the company more…