Tag: Stellantis

October 19, 2023

Stellantis NV on Oct. 18 laid out its offensive in the commercial vehicle market, committing to launching four electrified pickup trucks in North America over the next two years. As a part of its Dare Forward 2030 strategy, its commercial […]

July 25, 2023

Stellantis NV’s third battery manufacturing plant in North America will be built with South Korean battery partner Samsung SDI in the United States, the companies said July 24. The exact location of the second plant under the existing StarPlus Energy […]

February 22, 2023

Stellantis is planning to distribute $4.47 billion in dividends to shareholders and buy back up to $1.6 billion worth of shares after revenue and net profit surged in 2022, a year marked by a steep rise in electric-vehicle sales. Stellantis […]

January 5, 2023

Stellantis N.V.  and Archer Aviation Inc. (NYSE: ACHR) today announced that they have agreed to significantly expand their partnership by joining forces to manufacture Archer’s flagship electric vertical take-off and landing (eVTOL) aircraft, Midnight. Stellantis will work with Archer to […]

May 25, 2022

Stellantis N.V. and Samsung SDI have formed a joint venture company to establish an electric-vehicle battery manufacturing facility in Kokomo, IN. Targeted to start in 2025, the plant is expected to have an initial annual production capacity of 23 gigawatt […]

May 3, 2022

Stellantis NV will acquire the Share Now car-sharing venture formed by BMW AG and Mercedes-Benz AG, the latest shakeup in the industry as automakers struggle to make mobility services profitable. Stellantis’s Free2Move mobility brand didn’t disclose a price for buying […]

January 27, 2021

DETROIT — Stellantis, formerly Fiat Chrysler, has agreed to pay $30 million as part of a plea deal to settle a criminal investigation into collusion and bribery of union officials by former executives of the company’s North American operations. The […]