Stellantis, Samsung Plan Indiana EV Battery Plant
KOKOMO, Ind. — A joint venture between Stellantis and Samsung plans to build an electric vehicle battery factory in Indiana that will employ up to 1,400 workers and become the company’s second such factory in North America.
May 24, 2022Stellantis Posts Higher Q1 Revenue Despite Russia Plant Closure
MILAN — Carmaker Stellantis on May 5 reported higher first-quarter revenues despite lower deliveries, with no significant impact from the closure of its Russian plant due to sanctions.
May 5, 2022Stellantis to Buy Mercedes-BMW Car-Sharing Venture
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 Announces Hurricane ICE Line
In a nod to the uncertain road ahead for electric vehicle adoption, Stellantis announced an all-new internal-combustion engine line March 25, even as the automaker targets 50% EV sales in the U.S. by 2030.
Stellantis, LG Energy Pick Ontario for Battery Plant
Stellantis NV and LG Energy Solution will build their new battery plant in Ontario, according to a person familiar with the matter, with an official announcement likely March 23.
Stellantis Reaps $15 Billion Profit in First Year of Merger
FRANKFURT, Germany — Automaker Stellantis said Feb. 23 that it made 13.4 billion euros ($15.2 billion) in its first year after it was formed from the merger of Fiat Chrysler Automobiles and PSA Group and would pay out record profit-sharing checks to unionized U.S. workers.
February 23, 2022Stellantis Installs Missing Emissions Ducting in Michigan Plant
The maker of Jeep SUVs and Ram pickup trucks says it has completed installation of the missing ducting for some paint emissions at its Warren Truck Assembly Plant more than two weeks ahead of schedule.
Amazon, Stellantis Team Up on Auto Software and Delivery Vehicles
Amazon.com Inc. is partnering with Stellantis NV to develop software with the carmaker and agreed to buy a new electric delivery van.
Stellantis Wants to Outfit Cars With AI to Drive Up Revenue
MILAN — Carmaker Stellantis announced a strategy Dec. 7 to embed AI-enabled software in 34 million vehicles across its 14 brands, hoping the tech upgrade will help it bring in 20 billion euros ($22.6 billion) in annual revenue by 2030.
December 7, 2021Stellantis to Partner With Samsung on Second EV Battery Plant for North America
For the second time in a week, Stellantis has announced plans to produce electric vehicle batteries for its North American assembly plants in a joint venture with a South Korean company.