Stellantis fights to survive: Industry crash, Chinese EV takeover, and strikes leave company in crisis

Pallavi Madhiraju- September 30, 2024 0

In a stark admission of the deepening challenges facing the global auto industry, Stellantis, one of the world's largest carmakers, has slashed its financial forecasts ... Read More

Stellantis sets new standards with BEV-native STLA large platform unveiling

Pallavi Madhiraju- January 23, 2024 0

Stellantis N.V. has taken a significant leap forward in the automotive industry by unveiling the STLA Large, a revolutionary Battery Electric Vehicle (BEV)-native platform, poised ... Read More

Archer Aviation secures $215m funding boost for eVTOL aircraft

Pallavi Madhiraju- August 11, 2023 0

Archer Aviation Inc. has announced significant Q2 operating and financial results for the period ending June 30, 2023. Notably, the company has confirmed a substantial ... Read More

Stellantis and Samsung SDI plan second US battery manufacturing facility

Pallavi Madhiraju- July 25, 2023 0

Dutch automotive manufacturing corporation Stellantis N.V. and South Korean battery manufacturing company Samsung SDI have confirmed they are set to build a second battery manufacturing ... Read More

Stellantis inaugurates ACC battery gigafactory in Billy-Berclau Douvrin, France

Pallavi Madhiraju- May 31, 2023 0

Stellantis, in collaboration with TotalEnergies and Mercedes-Benz, celebrated the inauguration of Automotive Cells Company's (ACC) battery gigafactory in Billy-Berclau Douvrin, France. This marks the first ... Read More

Stellantis accelerates net zero transition with stake in McEwen Copper

Raghuram Kadari- March 1, 2023 0

Stellantis, a Dutch automaker, will acquire a 14.2% equity stake in McEwen Copper for $155 million, becoming the second largest shareholder along with Rio Tinto. ... Read More

Stellantis, Archer Aviation team up for Midnight eVTOL aircraft

Raghuram Kadari- January 6, 2023 0

Dutch automotive manufacturer Stellantis and Archer Aviation have announced a collaboration to produce the latter’s Midnight eVTOL aircraft, an electric vertical take-off and landing (eVTOL) ... Read More