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Stellantis is in discussions with its Chinese partner, Zhejiang Leapmotor, to manufacture electric vehicles in Canada. This initiative comes as the automotive industry shifts towards clean energy.
Stellantis has announced a recall of approximately 700,000 vehicles globally due to concerns about potential fire hazards. The recall affects well-known brands such as Peugeot, Citroën, Fiat, Alfa Romeo, and Jeep, with 212,000 vehicles recalled in France alone.
Samsung SDI, a leading battery manufacturer, announced its plan to lend <strong>1.6 trillion won</strong> (approximately <strong>$1.05 billion</strong>) to <strong>StarPlus Energy</strong>, its joint venture with <strong>Stellantis</strong>. This decision comes as Stellantis faces significant challenges in its electric vehicle production expansion plans.