Official from Stellantis' (STLA) Fiat unit pleads guilts in felony emissions probe

Stellantis (STLA) partners with Samsung to build second U.S. EV battery plant

July 24, 2023 7:42 AM EDT

Jeep-parent Stellantis (NYSE: STLA) announced Monday it will partner with Koreas Samsung SDI to build a second electric vehicle battery plant in the United States.

The companies have announced that they are currently evaluating the location for their new plant. According to their news release, they have already entered into a memorandum of understanding; however, the finalization of the transaction is contingent upon... More

Stellantis' (STLA) Fiat Chrysler unit loses bid to stop sale of Mahindra's Jeep lookalike in U.S.

July 21, 2023 2:48 PM EDT

In a recent development, Stellantis-owned Fiat Chrysler suffered a setback in its attempt to prevent Mahindra & Mahindra from selling the revamped Roxor off-road vehicle in the U.S.

Fiat Chrysler had alleged that the Indian automaker copied the design of its Jeep, but the Eastern District Court of... More

Stellantis (STLA) and Saft unveil new, more efficient battery prototype

July 21, 2023 9:47 AM EDT

Stellantis (NYSE: STLA) and battery designer, Saft on Thursday unveiled their new Intelligent Battery Integrated System (IBIS) prototype: an energy storage battery that integrates the inverter and charger functions. The unique integration creates a battery that is more efficient, which enhances battery-electric vehicle range, is smaller, more reliable, and less costly.

After four years of collaboration through modeling and simulations to develop this new battery, the 25 engineers from CNRS (French National Centre... More

Europe June Car Sales Rise 18.7% To 1.27 Million Vehicles - Bloomberg

July 19, 2023 5:43 AM EDT

Europe June Car Sales Rise 18.7% To 1.27 Million Vehicles - Bloomberg

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Stellantis (STLA) secures $11.2B in semiconductor chip contracts

July 18, 2023 1:31 PM EDT

Stellantis (NYSE: STLA) made an announcement Tuesday stating that the Dodge Chrysler-parent has successfully entered into contracts with several semiconductor manufacturers to guarantee the flow of vital chips for electric vehicles and high-performance computing functions. The contracts are worth approximately 10 billion euros ($11.2 billion)... More

Stellantis (STLA) Implements Multifaceted Semiconductor Strategy to Ensure Supply Security, Drive Innovation

July 18, 2023 8:03 AM EDT

Stellantis Implements Multifaceted Semiconductor Strategy to Ensure Supply Security, Drive Innovation

Stellantis strategy combines agreements with chip makers for critical semiconductors, purchase of parts, and full visibility of future chip needsSemiconductors play key roles in delivering capabilities and features in upcoming... More