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Tag Archives: carlos tavares
Stellantis to Make Archer Electric Airplanes
Stellantis now will work on Archer’s recently announced manufacturing facility in Covington, Georgia. The companies plan to begin manufacturing the Midnight aircraft in 2024. Midnight is claimed to be safe, sustainable, quiet and, with an expected payload of more than 1000 pounds. It can carry four passengers plus a pilot. With a range of 100 miles, Midnight is meant for back-to-back short distance trips of around 20 miles, with a charging time of approximately 10 minutes in-between. All this of course is dependent on The Federal Aviation Administration issuing a type certificate and approving other air worthiness requirements including training and operating limitations. Continue reading
Stellantis to Buy a Large Part of Faurecia Michelin Hydrogen
Stellantis is tiptoeing into hydrogen mobility having launched mid-size vans in late 2021. Stellantis is pursuing an aggressive ambition as part of the so-called “Dare Forward 2030” strategic plan, which includes expanding its hydrogen offerings to large vans as early as 2024 in Europe and 2025 in the US while further exploring opportunities for heavy-duty trucks. Toyota Motor appears to AutoInformed to be the clear leader in these areas, but this is an endurance race not a sprint. Continue reading
Posted in alternative fuels, electric vehicles, fuel economy or emissions, global warming, mobility company, news analysis
Tagged auto industry commentary, autoinformed.com, carlos tavares, Dare Forward 2030, Faurecia Michelin Hydrogen, Ken Zino, Patrick Koller, Stellantis Dare Forward 2030, Symbio
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Stellantis Hordain to Build Hydrogen-powered, Electric and Combustion Engine Commercial Vehicles
Starting in 2024, the site Hordain will have a mini-mass production capacity of 5,000 vehicles per year of hydrogen-powered utility vehicles. This Stellantis said in a release reaffirms its goal to be the first mass-produced manufacturer of hydrogen-powered utility van vehicles. There is also a labor relations aspect to the move. Stellantis has 12 industrial sites in France, and unlike Ford Motor Company it has a stated “ethical desire not to separate its electric and internal combustion engine businesses, to engage all its employees in the energy transition.” Continue reading
Stellantis to Build Fiats in Algeria
This sets Stellantis on a path to manufacture Fiat vehicles in Algeria. Continue reading
Jeep Shows Recon and Wagoneer Electric SUVs
The Jeep brand showed the first images of two fully electric SUVs, all-new Jeep Recon and Wagoneer, code-named Wagoneer S, planned for North America and other regions around the world. Stellantis also said that the all-new, all-electric Jeep Avenger will launch in Europe early next year after its debut at the Paris Motor Show on October 17. Continue reading
Stellantis Startup Awards Honor Technology, Innovations
Since the creation of Stellantis in January 2021, the Company has engaged with hundreds of startups and signed more than 40 contracts. Stellantis’ top executives, including Chief Technology Officer Ned Curic, presented each of the finalists with a customized non-fungible token (NFT) trophy. Created by the Stellantis Design Studio, the NFT is an artistic interpretation of intertwined hands expressing the concept that in turbulent times, ideas prevail. Continue reading
More Stellantis Startup Ventures Coming
Stellantis, the mega-merger of FCA and PSA, claims it will be “the industry champion in the fight against climate change, reaching carbon net zero emissions by 2038.” The revised and sweeping and difficult plan as presented is aspirational and similar to other global automaker’s plans as the deadly effects of climate change continue to worsen. Carlos Tavares, Chief Executive Officer, will share the Company’s latest strategic moves. Continue reading
Stellantis to be 2nd Largest Shareholder in Vulcan Energy
The equity investment will go towards Vulcan’s planned production expansion drilling in its producing Upper Rhine Valley Brine Field (URVBF). Vulcan is already producing geothermal energy from its URVBF and plans to produce lithium hydroxide with zero fossil fuels and net zero carbon footprint as part of the Zero Carbon Lithium Project. Continue reading
Stellantis to Consolidate Financial Services in China
The latest move comes after the restructuring of financial services in Europe and the United States. It is in keeping with its “asset light business model” developed in part given the extremely high cost of converting to electric and autonomous vehicles in what has become a global race for survival. Stellantis has plans for 75 new EV models by 2030. Continue reading
Posted in autonomous vehicles, electric vehicles
Tagged auto industry commentary, autoinformed.com, carlos tavares, Dongfeng, DPCAFC, Ken Zino
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Stellantis Consolidates Financial Services for All Brands
All these are supporting Stellantis’ desire to develop a full-service captive finance arm. To provide customers, dealers and partners with a complete range of financing options in the near-to-medium term, including retail loans, leases, and floorplan financing. Continue reading
Italian Battery Plant Moves Ahead with Final Deal among Mercedes-Benz, Stellantis, TotalEnergies/Saft
Automotive Cells Company was founded by Stellantis and TotalEnergies/Saft in August 2020.This will be ACC’s third production site. The Partners are accelerating ACC development with an objective of at least 120 gigawatt hours of cell capacity by 2030 and to scale up development and production of next-generation high-performance battery cells and modules. Continue reading
Stellantis, LG Energy Solution JV for Battery Plant in Canada
The new joint venture company will invest more than $5 billion CAD ($4.1 billion) to establish operations, which will include an all-new battery manufacturing plant located in Windsor, Ontario, Canada. Plant construction is scheduled to begin later this year. Production is planned to launch in the first quarter of 2024. Stellantis is Windsor’s largest employer and has a long history there. Chrysler began operations in 1925 and has employed generations of Windsor–Essex workers at its facility. Continue reading
Finally – First Jeep EV Teased by Stellantis
This new fully electric Jeep vehicle is scheduled to be launched early next year. It’s claimed this will broaden the brand’s reach by taking the next step to the achievement of Jeep brand’s vision of Zero Emission Freedom. Continue reading
Stellantis Claims Record First Year with €13.4B Net Profit
“Today’s record results prove that Stellantis is well positioned to deliver strong performance, even in the most uncertain market environments,” said Carlos Tavares, CEO. Continue reading
Posted in financial results
Tagged auto industry commentary, autoinformed.com, carlos tavares, Ken Zino
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EVs – Stellantis Now Large Shareholder in McEwen Copper
Copper, of course, is a strategic raw material for the future of electric mobility. Estimates predict that global demand for the conductive metal will triple in the coming years. By making this investment in one of the top international projects in development of this commodity, Stellantis will be able to supply some of the projected copper demand starting in 2027, Stellantis claimed. Continue reading →