Stellantis, CATL to build battery plant in Spain

Stellantis and CATL announced on Tuesday that they have reached an agreement to invest up to 4.1 billion euros ($4.32 billion) to form a joint venture that will build a lithium iron phosphate battery plant in Zaragoza, Spain. The transaction is expected to close in the course of 2025 and is subject to customary regulatory… Continue reading Stellantis, CATL to build battery plant in Spain

@FCA: Stellantis Announces Additional $3.3 Million in Home Repair Funding for Mack Assembly Plant Neighbors

December 12, 2024 , Detroit –  Stellantis announced today that it is partnering with the city of Detroit to make an additional $3.3 million in home repair grants available to residents living in the neighborhood around its Detroit Assembly Complex – Mack (DAC-M) plant. Stellantis worked with the state of Michigan, the city and Invest Detroit… Continue reading @FCA: Stellantis Announces Additional $3.3 Million in Home Repair Funding for Mack Assembly Plant Neighbors

UK regulatory approval for Shein’s IPO delayed by NGO opposition: reportAn advocacy group for China’s Uyghur population challenged the listing.

Britain’s financial regulator is taking longer than usual to approve fast-fashion retailer Shein‘s IPO because it is checking its supply chain oversight and assessing legal risks after an advocacy group for China’s Uyghur population challenged the listing, according to two sources close to the matter. Britain’s Independent Anti-Slavery Commissioner, a monitoring body of the interior ministry,… Continue reading UK regulatory approval for Shein’s IPO delayed by NGO opposition: reportAn advocacy group for China’s Uyghur population challenged the listing.

German Manager Magazine: News about Mercedes, Volkswagen, BMW, Lufthansa – in the newsletter “manage:mobility”003820

Dear reader, Volkswagen’s board of directors and employee representatives are currently far apart. This applies to the right way to position the group for the future. But this also applies to things as banal as the number of employees who protested against the planned austerity measures with warning strikes at the beginning of this week.… Continue reading German Manager Magazine: News about Mercedes, Volkswagen, BMW, Lufthansa – in the newsletter “manage:mobility”003820

Wirex Expands UK Card Offering with the Launch of Visa Platinum Card

LONDON, Dec. 12, 2024 /PRNewswire/ — Wirex, a leading Web3 money app, is excited to introduce the Visa Platinum card for its UK customers, offering a range of Wirex-sourced exclusive benefits that are in addition to the suite of card benefits offered by Visa. Available as both a virtual and physical card, this new Visa… Continue reading Wirex Expands UK Card Offering with the Launch of Visa Platinum Card

Stellantis and CATL partner for 4.1 billion euro LFP battery plant in Spain

Stellantis and CATL have announced plans to invest up to 4.1 billion euros (Rs 36,030 crore) to form a joint venture that will build a large-scale European lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. Designed to be completely carbon neutral, the battery plant will be implemented in several phases and investment plans. Targeted… Continue reading Stellantis and CATL partner for 4.1 billion euro LFP battery plant in Spain

Future of DeFi — Frax 2025 Vision Roadmap

New 2025 Initiatives Include Token Upgrades, Fraxtal North Star Hard Fork, and Simplified Universal Interface to Drive Next Wave of DeFi Adoption LAS VEGAS, Dec. 12, 2024 /PRNewswire/ — Frax Finance, a decentralized stablecoin cryptocurrency protocol, today announced its 2025 Vision Roadmap, a transformative strategy to advance its mission of becoming the decentralized central bank… Continue reading Future of DeFi — Frax 2025 Vision Roadmap

@FCA: Ram 1500 Reigns as MotorTrend 2025 Truck of the Year

December 11, 2024 , Auburn Hills, Mich. –  MotorTrend has named the Ram 1500 its 2025 Truck of the Year after weeks of testing, as editors of the automotive publication awarded high scores to the truck in every category of the competitive testing process. The performance capabilities of the 3.0-liter Hurricane Straight-Six Turbo engine that delivers up… Continue reading @FCA: Ram 1500 Reigns as MotorTrend 2025 Truck of the Year

Stellantis CEO Carlos Tavares lost control of the automaker with ‘arrogant’ mistakes, sources say

Carlos Tavares, Chief Executive Officer of Stellantis, attends the Paris Automotive Summit during the 2024 Paris Auto Show in Paris, France, October 15, 2024.  Benoit Tessier | Reuters DETROIT — “Arrogant.” It’s the word former Stellantis CEO Carlos Tavares used in June to describe mistakes that led to the automaker’s troubles in the U.S. It’s… Continue reading Stellantis CEO Carlos Tavares lost control of the automaker with ‘arrogant’ mistakes, sources say

Dodge maker Stellantis and China’s CATL team up to build $4.3 billion EV battery plant in Spain

Stellantis worker at work inside of the new Hybrid and PHEV Vehicles Stellantis Group eDCT Assembly Plant on April 10, 2024 in Turin, Italy. Stefano Guidi | Getty Images News | Getty Images Automaker Stellantis and Chinese battery giant CATL on Tuesday announced plans to jointly build a 4.1 billion euro ($4.3 billion), large-scale lithium… Continue reading Dodge maker Stellantis and China’s CATL team up to build $4.3 billion EV battery plant in Spain