Stellantis N.v Stock News

Automotive Cells Company (ACC), a joint venture Stellantis has with Mercedes-Benz and TotalEenergies, said on Wednesday it plans to invest in Italy to build a battery plant.

Maserati unveiled Tuesday a prototype of its first all-electric vehicle, a midsized crossover called the Grecale that marks the next step in its plan to go fully electric by 2030. The Grecale is slate

Maserati took the wraps off its new Grecale sports utility vehicle (SUV) on Tuesday, marking another step in the promised expansion of the automaker's range as part of a turnaround strategy.

Stellantis has been operating at a very high level post-merger, increasing both market share and profitability.

MILAN (Reuters) – A worsening in microchip supply conditions triggered by Russia’s invasion of Ukraine will prompt carmaker Stellantis to slow operations at its key Melfi plant in Italy next month, trade unions said on Tuesday.

https://www.investing.com/news/stock-market-news/stellantis-to-slow-work-at-italys-melfi-plant-as-chips-run-short-2785225

A worsening in microchip supply conditions triggered by Russia's invasion of Ukraine will prompt carmaker Stellantis to slow operations at its key Melfi plant in Italy next month, trade unions said on

Tesla, Inc. (NASDAQ: TSLA ) may have ceded some market share globally to rivals in the electric vehicle space, but it is still the undisputed leader. Data out of Germany, home to renowned legacy automakers which have ventured into EVs, vouches for that fact. What Happened: Tesla brands were the top two best-selling EVs in Germany in February, data shared by German EV rental company Nextmove showed. Registrations for Tesla''s Model 3 sedan and Model Y SUV stood at 3,690 units and 2,254 units, respectively, in February. This gave the company a combined market share of 21% in Germany in February. Stellantis N.V.''s (NYSE: STLA ) Fiat 500 model took the … Full story available on Benzinga.com

Tesla, Inc. (NASDAQ: TSLA ) by virtue of its first-mover advantage has maintained its pole position in the EV industry. The field, however, is getting crowded with the passing of each day, given government mandates, environmental concerns and the allure of the massive market opportunity. Tesla has been the benchmark for all the late entrants and the legacy automakers, which have charted out ambitious plans for transitioning into EVs. As recently as last week, Stellantis N.V. (NYSE: STLA ), formed by the merger of Fiat Chrysler and French PSA Group, said it will eventually take a shot at Tesla''s EV leadership. Here are a few companies that see themselves challenging Tesla: Stellantis Sees Healthy Rivalry Stellantis is confident of catching up with Tesla in the next couple of years, CEO Carlos Tavares said in a televised Q&A session with reporters Friday. ""I am very confident, I am trying not to be arrogant," the CEO said. "It''s going to be a very healthy competition." Travares also underlined the importance of setting up of charging infrastructure in Europe and the U.S. to catalyze increased EV adoption.

In a televised interview, the CEO of Stellantis said that he believes the company can make up ground on Tesla. Chief Executive Carols Taveres said in a televised question and answer session that: “I am […] The post Stellantis CEO believes the company can catch Tesla in the coming years appeared first on Drive Tesla .

She runs UK operations for six car brands – and can’t understand the government’s half-hearted policy on electric vehicles

Stellantis NV (NYSE: STLA ) CEO Carlos Tavares sees his company catching up with EV pioneer Tesla Inc (NASDAQ: TSLA ) in the coming years, Reuters reports from Mobility TV World session. He sees the competition benefitting the consumers. Also Read: Full story available on Benzinga.com

Automakers are moving toward a direct sales business model like the one Tesla uses amidst a transition to electric vehicles (EVs). Ford, Volkswagen, Stellantis and … Read more The post Tesla’s Direct Sales Model Recognized by Volkswagen, Copied by Others appeared first on TeslaNorth.com .

Stellantis N.V. is stopping the production of vans in Russia and halting any plans for new investments in the country, CEO Carlos Tavares announced on Friday. The company said on Thursday that it will…

Stellantis believes it can make up ground on electric vehicle pioneer Tesla in the coming years, its CEO Carlos Tavares said on Friday, adding that consumers would benefit from competition in the sector