Stellantis N.v Stock News

Stellantis laid out Tuesday an ambitious plan to generate $22.5 billion annually from software in its vehicles that can sell passengers and drivers products and subscriptions. The target is in line wi

Carmaker Stellantis plans to generate about 4bn in additional annual revenue by 2026 from software-enabled products and subscriptions and 20bn by 2030, the company said on Tuesday

Stellantis plans to generate about 4 billion euros ($4.5 billion) The post Stellantis targets generating more revenue from its software by 2030 appeared first on PageOne .

Driving the growth will be an increase in the automaker's connected vehicles from 12 million today to 34 million by then, according to Stellantis.

Stellantis plans to generate around 4 billion euros ($4.5 billion) in additional annual revenues by 2026 and around 20 billion euros by 2030 from software-enabled product offerings and subscriptions,

Tesla Inc (NASDAQ: TSLA) released its Model S in June 2012. Over the years, the company has watched its production and deliveries numbers rise along with its share price.

Tesla and dozens of auto industry suppliers are urging the US government to drop tariffs on Chinese items, including battery-making materials.

Citigroup started coverage on shares of Stellantis (NASDAQ:STLA) in a research report released on Monday, The Fly reports. The firm issued a buy rating and a $22.00 price target on the stock. Other research analysts also recently issued reports about the stock. UBS Group reiterated a buy rating on shares of Stellantis in a research []

Stellantis CEO to regulators: ''Let the automotive industry'' do its job The Detroit News

The car manufacturing industry cannot sustain the costs from government demands to shift to electric vehicles, warns head of Stellantis

The US is lagging behind in the electrification of new cars. While new government policies could help to close the gap, a full shift to electric vehicles will take many years and require massive inves

Daimler (DDAIF) and Stellantis (STLA) rev up their EV game plan with the decision to make a strategic investment in solid-state battery maker Factorial Energy.

Stellantis NV Chief Executive Carlos Tavares said external pressure on automakers to accelerate the shift to electric vehicles potentially threatens jobs and vehicle quality as producers struggle to m

Automakers Mercedes-Benz and Stellantis announced agreements with Woburn-based Factorial Energy on Tuesday to help develop solid-state battery technology that they hope could make electric cars more attractive to a mass market. Mercedes-Benz, part of Daimler AG, said it is joining forces with Factorial to jointly develop batteries with the aim of testing prototype cells as []

Factorial Energy based in the United States, announced on Tuesday that it has reached agreements with Daimler AGs Mercedes-Benz and Stellantis NV to commercialize its battery technology. Daimler and Stellantis will each make a strategic investment in the solid-state battery company as part of the agreements, Factorial Energy said in a statement, without disclosing financial [] The post Factorial Energy Battery Maker sign agreement with Daimler, Stellantis appeared first on BOL News .