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Tag Archives: NYSE: STLA
Stellantis NA COO Mark Stewart Out. Carlos Zarlenga In
“In the very demanding North American market with many obstacles to overcome in order to foster the performance of the Company, Carlos Zarlenga is the best leader among our talent pool to replace Mark Stewart and to drive the change in our business model towards electrification in the region. Carlos Zarlenga has demonstrated his ability to bring together and unite diverse teams and to deliver the expected results,” said Carlos Tavares, CEO of Stellantis. “I would like to thank Mark Stewart for his contribution to this role after a three-year cycle, corresponding to the date of creation of Stellantis and I wish him the best in his new position.” Continue reading
Stellantis Implements First Employee Share Purchase Plan
“The success of this step of Shares to Win in Italy and France demonstrates our employees’ confidence in the sustainable future of our Company supported by the execution of our Dare Forward 2030 strategic plan, which maps out the path to achieving carbon net zero by 2038 and creating value for all our stakeholders,” claimed Xavier Chéreau, Chief HR & Transformation Officer. Continue reading
Posted in news analysis
Tagged alfa romeo, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, chrysler, citroën, Dodge, DS Automobiles, Fiat, Free2Move, jeep, Ken Zino, lancia, Leasys, maserati, Milano stock exchange, NYSE: STLA, opel, Peugeot, ram, Stellantis Shares to Win, Vauxhall, Xavier Chéreau
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Stellantis and Orano Explore EV Battery Recycling Deal
Key to the deal appears to be Orano’s low-carbon technology, which differs from existing processes, allowing the recovery of all materials from lithium-ion batteries, and the manufacturing of new cathode materials. The joint venture will produce materials also known as “black mass” or “active mass.” This can be refined in Orano’s hydro-metallurgical plant to be built in Dunkirk, France, so that the materials could be re-used in batteries. Continue reading
Posted in electric vehicles, environment, manufacturing, mobility company, transportation
Tagged Alison Jones, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Guillaume Dureau, Ken Zino, lithium ion batteries, NYSE: STLA, Orano group, reclaimed cobalt and nickel and lithium
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Stellantis Opens Its First Battery Technology Center in Italy
“We are in the midst of a once-in-a-lifetime opportunity to redefine mobility, providing smart and sustainable solutions for our customers,” claimed Ned Curic, Stellantis Chief Engineering and Technology Officer. “Our new Battery Technology Center at Mirafiori brings together the tools and talented people we need to design, test, verify and produce class-leading products that will meet our customers’ needs and accelerate bringing class-leading electric vehicles to customers around the world.” Continue reading
Strange Green Bedfellows – Stellantis and Aramco
Low carbon eFuel is a drop-in synthetic fuel made by reacting CO2, captured either directly from the atmosphere or from an industrial facility, with renewable hydrogen. The use of low carbon eFuel has the potential to reduce carbon dioxide emissions from existing internal combustion vehicles by at least 70% on a lifecycle basis, compared to conventional fuels its advocates claim. Continue reading
Posted in alternative fuels, energy, environment, fuel economy or emissions, global warming, public health, transportation
Tagged auto industry commentary, autoinformed.com, co2 emissions, ENOWA, Ken Zino, Low-carbon eFuel, Neom Energy and Water, NYSE: STLA, Repsol, Saudi Arabian Oil Group, Stellantis
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Stellantis Completes Symbio Hydrogen Purchase
“The addition of Stellantis as a shareholder will boost Symbio’s development across Europe and in the US,” Stellantis said. Acquiring an equal stake in Symbio supports Stellantis fuel cell van production in France, and supplements the company’s growing battery electric vehicle portfolio. Continue reading
Valorauto Recycling Now Available to Private Owners
The is a result of a new French regulation -The Anti-Waste and Circular Economy (AGEC),** which requires manufacturers to provide solutions to manage the end-of-life of their products. Stellantis intends to set up its Individual System with VALORAUTO as its Service Provider. The VALORAUTO service will be offered to private owners not only in France but also in Belgium and Luxembourg in what looks to be an attempt to get out in front of an expansion of the regulation in the EU. Continue reading →