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Stellantis targets affordable EV market with new CATL battery plant in Spain

Stellantis and CATL are investing €4.1 billion to build an LFP battery plant in Zaragoza, Spain, starting production by late 2026.The plant will focus on reducing EV costs, supporting Stellantis’ Dare Forward 2030 strategy...

U.S. Department of Energy commits $7.54bn loan to Stellantis and Samsung SDI EV battery factories

The U.S. Department of Energy this week confirmed that it has offered a conditional loan, worth $7.54 billion, to Starplus Energy: the EV battery joint venture between Stellantis and Samsung SDI.The loan is designed...

Stellantis CEO Carlos Tavares resigns, with replacement arriving in 2025

Stellantis CEO, Carlos Tavares, who has held the position since Stellantis' creation from the merge of PSA Group and FCA back in 2021, is stepping down from the position with immediate effect.Previously, Tavares was...

BYD hires ex-Stellantis UK MD, Maria Grazia Davino, as European expansion continues

BYD is looking to further push its EV expansion across mainland Europe, after appointing Maria Grazia Davino as the new Regional Managing Director for Germany, Switzerland, Poland, Austria and the Czech Republic.Taking on the...

Stellantis trials Factorial solid-state batteries in new EV demonstrators

Stellantis is set to further explore the mainstream application of solid-state batteries in its future EVs, after it announced that a pre-production demonstration fleet of the upcoming Dodge Charger Daytona EV would run on...

Eurig Druce appointed as Stellantis UK Group Managing Director

Stellantis' UK divison has undergone management changes, after Eurig Druce was appointed as Group Managing Director.Bringing with him over two decades of automotive experience, Druce comes most recently from a role as Managing Director...