Automotive giant Stellantis has announced plans to construct a fourth gigafactory on the European continent, signing a memorandum of understanding with Chinese battery giant, CATL. Stellantis, the parent-company of brands like Jeep, Fiat, Citroen, Chrysler, Alfa Romeo, RAM, Peugeot and more says that the plan would help to fast-track its […]
Stellantis
Stellantis outlines €30 billion investment in electrification (video)
Stellantis has confirmed plans for more than 30 billion euros of investment in electrification, eyeing off an aggressive target for the production of its pure electric vehicles by 2030. The plan includes everything from electric pickups to electric high-performance models that promise 0-60mph in as low as 2.0 seconds. The […]
FCA-PSA merger complete, becomes 14-brand ‘Stellantis’ corporation
The merger between Peugeot-Citroen (Groupe PSA) and Fiat Chrysler Automobiles (FCA) has been completed, with the formal announcement of the new corporate name Stellantis now in effect. Both companies combine and now have two executive directors, John Elkann (chairman) and Carlos Tavares (CEO). A new Audit Committee, Remuneration Committee, and […]