Stellantis (STLA) teams with Mercedes and TotalEnergies to open France's first EV battery plant

Stellantis (STLA) does not need Italy as a shareholder, says Chairman Elkann

On Thursday, John Elkann, the Chairman of Stellantis (NYSE: STLA), responded to business lobbyists' calls for Italy to invest directly in the company. Elkann made it clear that Stellantis is doing well and doesn't need the Italian government to become a shareholder.

"I... More

Stellantis (STLA) will invest $176M in Rennes Plant for electric SUV launch

Chrysler, Dodge parent company, Stellantis (NYSE: STLA) revealed on Thursday that the Franco-Italian-American car manufacturer will invest 160 million euros ($176.13 million) at its Rennes plant to launch a 100% electric compact Sports Utility Vehicle (SUV) in 2025.

The automaker said in a... More

Stellantis (STLA) partners with Vulcan Energy for geothermal projects in France

On Wednesday, Stellantis (NYSE: STLAM) and Vulcan Energy Resources, a lithium supplier listed in Australia, announced a new partnership with the objective to help the decarbonization of Stellantis' operations in Europe.

In a joint statement, the two companies announced that the binding agreement covers the first phase of a project to develop new geothermal sources contributing to the energy... More

Deputy PM Freeland vows Stellantis (STLA) /LG plant will go forward

Deputy Prime Minister Chrystia Freeland spoke in the House of Commons Monday, answering questions and providing assurances that the Stellantis (NYSE: STLA) /LG battery plant will move forward in Windsor Ontario.

The answer absolutely is yes, she said under questioning by NDP leader Jagmeet Singh. We will ensure the deal goes forward. We will ensure the jobs will... More

RBC Capital Reiterates Outperform Rating on Stellantis NV (STLA:IM) (STLA)

RBC Capital analyst Tom Narayan reiterated an Outperform rating and EUR20.00 price target on Stellantis NV (STLA:IM) (NYSE: STLA).