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The Latest Breaking News from Carlos Tavares

Stellantis Exec: The Car Market Might Collapse If EVs Don't Get Cheaper

Arnaud Deboeuf warned that after the EU's deal to phase out new ICE cars by 2035, the automotive industry is "doomed"... unless electric cars get cheaper.

InsideEVs

Stellantis investment makes it 2nd largest shareholder in lithium supplier

Jeep maker Stellantis NV is investing nearly $53 million (50 million euro) into its European lithium partner in an effort to create a reliable supply chain of the critical mineral for electric-vehicle batteries.

Tribune News Service

Stellantis Makes €50M Equity Investment In Lithium Company Vulcan Energy Resources

Stellantis NV (NYSE:STLA) has made a €50 million (A$76 million) equity investment in Vulcan Energy Resources Ltd (OTC:VULNF) and has extended its original binding offtake agreement to ten years. Vulcan is a lithium producer and intends to produce a battery-quality lithium hydroxide chemical product from its combined geothermal energy and lithium resource in Germany. The investment…

Benzinga

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Stellantis unveils new plan for lobbying in Europe

Jeep maker Stellantis NV says it's withdrawing from the European Automobile Manufacturers Association at the end of the year and will create its own forum to engage with industry stakeholders on the future of transportation.

Tribune News Service

Stellantis secures lithium supply for North American EVs

Jeep maker Stellantis NV has signed a binding agreement with a lithium hydroxide supplier to provide the mineral for North American electrified vehicle production, the automaker said on Thursday, just as its CEO warns about possible battery shortages in the future.

Tribune News Service

EV Battery Shortage: Stellantis Reveals Plans To Get Around It, In 2025

Stellantis CEO Carlos Tavares is among many who are concerned that there won't likely be enough batteries to keep up with automakers' future goals.

InsideEVs

Stellantis, SparkCharge And Gravity: Top EV News May 27, 2022

There's plenty of EV news each day, but only some is worth covering, and it's impossible to cover it all. Here are some interesting stories you may have missed.

InsideEVs

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Jeep and Ram Maker Sends Strong Message to Ford, GM and Rivian

Stellantis is looking to flex its battery-powered muscles in the electric vehicle sector.

The Street

Stellantis CEO warns recession could harm EV adoption

Carlos Tavares, CEO of Jeep maker Stellantis NV, on Tuesday warned that a recession could be disastrous for the automotive industry as economic policymakers increase interest rates to curb inflation.

Tribune News Service

Stellantis, Samsung SDI To Build EV Battery Manufacturing Facility - Read More For Details

Stellantis NV (NYSE:STLA) and Samsung SDI have signed a binding, definitive agreement to establish an electric-vehicle battery manufacturing facility in Kokomo, Indiana. The joint venture will invest more than $2.5 billion (€2.3 billion) and create 1,400 new jobs in Kokomo and the surrounding areas. The investment could gradually increase up to $3.1 billion (€2.9…

Benzinga

Stellantis CEO warns about future EV battery shortage, Asian reliance

The CEO of Jeep maker Stellantis NV on Tuesday joined the chorus of voices in the auto industry warning about a future shortage of electric-vehicle batteries without more production in Europe and the United States, potentially risking the transatlantic automaker's EV commitments.

Tribune News Service

Electric car battery shortage looms in 2025, warns Stellantis boss

Carlos Tavares says planned battery production boost won’t cope with surging demand for electric vehicles

The Guardian - UK

Stellantis CEO Thinks Electric Shift Depends On Smooth Supply Chain Operations: Bloomberg

Stellantis NV (NYSE:STLA) Chief Executive Officer Carlos Tavares said the shift to electric vehicles depends much on resolving the supply-chain problems swiftly, Bloomberg reported. He said the shift will only work in Europe if access to enough clean energy, batteries, raw materials, and charging infrastructure is ensured. Tavares also said that the…

Benzinga

Why F1 is such a good deal for Alfa Romeo

As the Volkswagen Group finalises its plans to join the Formula 1 grid in 2026, its bosses could be forgiven for casting an envious eye on rivals Alfa Romeo.

Motorsport

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Tribune News Service

Stellantis stops production in Russia because of sanctions, logistics

The maker of Chrysler, Jeep, Dodge and Ram on Tuesday said it has halted production of commercial vans at its plant in Russia.

The Guardian - UK

Macron wants cap on ‘shocking and excessive’ executive pay

In run-up to the presidential vote, French premier calls for EU-wide ceiling after head of carmaker Stellantis receives €19m

France 24

Macron backs EU-wide pay cap for CEOs in nod to left-wing voters

French President Emmanuel Macron and his far-right challenger Marine Le Pen on Friday waded into a heated row about a 19-million-euro pay package given to the head of carmaker Stellantis as top corporate salaries bounced to the forefront of the French election campaign.

Bangkok Post

Stellantis Shareholders Reject Executive Pay Packages

Stellantis NV shareholders took the unusual step Wednesday of rejecting the Jeep maker's pay plan for top executives, including chief executive Carlos Tavares.

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Motor1

Maserati GranTurismo Folgore Seen Up Close With Stellantis CEO Driving

It debuts next year.

Benzinga

Stellantis To Shut Down Russia Plant Due To Component Crisis; Looks To Source Computer Chips From Europe, US

Stellantis NV (NYSE:STLA) looks to source computer chips from Europe and the U.S. within three to four years, Reuters reports. CEO Carlos Tavares said multiple initiatives to develop more local sourcing of semiconductors after import shortages from Asia weighed on the industry. Stellantis looked to shut down a van plant in Russia…

AFP

Stellantis, LG partner to build EV batteries in Canada

Ottawa (AFP) - US-European automaker Stellantis is partnering with LG Energy Solution to make batteries for electric vehicles at a massive new plant in Canada, the largest ever investment in the country's auto sector, officials said Wednesday.

InsideEVs

Stellantis CEO Confident, "Not Arrogant," Of Catching Up With Tesla

Carlos Tavares expects "a very healthy competition" between Stellantis and Tesla, which will be "very good for the consumer."

Benzinga

Stellantis CEO Looks To Catch Up With Tesla In Coming Years

Stellantis NV (NYSE:STLA) CEO Carlos Tavares sees his company catching up with EV pioneer Tesla Inc (NASDAQ:TSLA) in the coming years, Reuters reports from Mobility TV World session. He sees the competition benefitting the consumers. Also Read: Stellantis CEO Says Company Being 'Forced' To Make Electric Vehicles, Stellantis, Samsung SDI Collaborate To Produce EV Battery For North…

Tribune News Service

Stellantis CEO: Ford's EV, legacy restructuring is 'HR challenge'

Stellantis NV CEO Carlos Tavares says Ford Motor Co.'s restructuring to separate the company's legacy business from its electric-vehicle operations is a way to impress investors — not consumers who should be the priority.

The Street

Jeep Has Two Major Weapons Against Ford, GM and Rivian

The famous brand of off-road SUVs wants to catch up with Tesla, Ford, Rivian and GM in electric vehicles.

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