Latest news and articles about stellantis from NEX English
Reports indicate that investments ranging from €2 to €2.5 billion in financial products linked to Stellantis face significant risks, with 80% of these investments in the red. This sharp decline in shares raises concerns among investors and adds pressure to the market.
Stellantis has announced a strategic partnership with Chinese company Leapmotor, granting the latter access to a factory in Spain. This initiative aims to enhance Stellantis's operations in the European market amidst rising competition in the electric vehicle sector.
Stellantis is in advanced discussions with Chinese company Leapmotor to develop a new electric vehicle under the Opel brand. This initiative aims to strengthen Stellantis's presence in the growing electric vehicle market.
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.