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

U.S. Energy Department pumps $166m into Element 25’s game-changing battery facility

Pallavi Madhiraju- September 24, 2024 0

Element 25 Limited, a key player in the battery materials sector, has announced a significant financial milestone with its high-purity manganese project receiving a US$166 ... Read More

Stellantis job cuts alert: Over 2,000 workers face uncertainty at Detroit-Area plant

Pallavi Madhiraju- August 10, 2024 0

Stellantis has issued a warning to union workers about potential job cuts, affecting as many as 2,450 employees at the Warren Truck Plant located just ... Read More

Stellantis expands hydrogen fuel cell vehicle production in Europe

Pallavi Madhiraju- January 31, 2024 0

Stellantis, a frontrunner in the automotive industry, has significantly expanded its production capabilities for hydrogen fuel cell vehicles. This development, focusing on both mid-size and ... Read More

Stellantis advances automotive AI with $415m CloudMade acquisition

Pallavi Madhiraju- January 28, 2024 0

Stellantis N.V. has announced a pivotal move in the automotive industry with the acquisition of artificial intelligence (AI) framework, machine learning models, intellectual property rights, ... 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

Appian Capital to sell Brazilian battery metal companies to ACG for $1bn

Pallavi Madhiraju- June 13, 2023 0

Appian Capital Advisory, an investment advisor to long-term value-driven private capital funds that invest in mining companies, has announced it is selling its Brazilian battery ... 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