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
Tag: GM
Cruise’s robotaxi service will shut down as GM pulls its funding
/ GM’s autonomous and assisted driving strategy will focus on Super Cruise and personal vehicles, not robotaxis. By Andrew J. Hawkins, transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Share this story Photo by Smith… Continue reading Cruise’s robotaxi service will shut down as GM pulls its funding
@Ferrari: FERRARI ENTERS A MULTI-YEAR AGREEMENT WITH ANDRETTI FORMULA RACING 000406
Maranello (Italy), December 10, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announces a multi-year agreement starting from 2026 with Andretti Formula Racing LLC, regarding the supply of power unit and gearbox to the racing team led by TWG Global and General Motors, subject to Andretti Formula Racing LLC receiving written confirmation… Continue reading @Ferrari: FERRARI ENTERS A MULTI-YEAR AGREEMENT WITH ANDRETTI FORMULA RACING 000406
German Manager Magazine: Stellantis: Instead of in Kaiserslautern, the Opel Group is building a battery factory in Spain with CATL003812
The car manufacturer Stellantis and the Chinese battery giant CATL are investing several billion euros in a joint venture Battery cell plant in Spain. A joint venture is to build a new battery factory for lithium iron phosphate (LFP) cells at the Stellantis site in Zaragoza. The companies are investing up to 4.1 billion euros… Continue reading German Manager Magazine: Stellantis: Instead of in Kaiserslautern, the Opel Group is building a battery factory in Spain with CATL003812
@Groupe PSA: PR Stellantis and CATL to Invest Up to €4.1 Billion in Joint Venture for Large-Scale LFP Battery Plant in Spain007704
AMSTERDAM – Stellantis and CATL today announced they have reached an agreement to invest up to €4.1 billion 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… Continue reading @Groupe PSA: PR Stellantis and CATL to Invest Up to €4.1 Billion in Joint Venture for Large-Scale LFP Battery Plant in Spain007704
FERRARI ENTERS A MULTI-YEAR AGREEMENT WITH ANDRETTI FORMULA RACING
Maranello (Italy), December 10, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announces a multi-year agreement starting from 2026 with Andretti Formula Racing LLC, regarding the supply of power unit and gearbox to the racing team led by TWG Global and General Motors, subject to Andretti Formula Racing LLC receiving written confirmation… Continue reading FERRARI ENTERS A MULTI-YEAR AGREEMENT WITH ANDRETTI FORMULA RACING
GM accused of ‘extortion’ over threat to tear down Detroit’s tallest skyscraper
The Renaissance Center, a complex of skyscrapers in the waterfront district in Detroit, Michigan on 13 June 2024. Photograph: Roberto Machado Noa/LightRocket/Getty Images View image in fullscreen The Renaissance Center, a complex of skyscrapers in the waterfront district in Detroit, Michigan on 13 June 2024. Photograph: Roberto Machado Noa/LightRocket/Getty Images GM accused of ‘extortion’ over… Continue reading GM accused of ‘extortion’ over threat to tear down Detroit’s tallest skyscraper
Qmerit’s 2024 Milestones Open Growth Paths For EVs, Solar, Battery and Electrical Services
AUSTIN, Texas, Dec. 10, 2024 /PRNewswire/ — Qmerit, North America’s leading provider of implementation and integration services for EV charging and other energy transition technologies, is announcing a banner year of alliances and launches designed to jumpstart the growth of electrification and electrical services in 2025. With its North American network of more than 24,000 licensed,… Continue reading Qmerit’s 2024 Milestones Open Growth Paths For EVs, Solar, Battery and Electrical Services
Vauxhall threatens Luton factory closure amid ZEV mandate row
Slower than expected demand for EVs means car makers face big fines for failing to meet the official targets, while the industry’s repeated protestations that the government is not doing enough to incentivise consumer demand for new electric cars has so far fallen on deaf ears. That could all be about to change though, because… Continue reading Vauxhall threatens Luton factory closure amid ZEV mandate row
Car Deal of the Day: stand out with the Omoda 5 EV at £289 a month
Competitive range Powerful EV motor £289 a month You might not have heard of the company, but Omoda is making waves in the electric car world right now – and helping the firm stake its claim is this interesting crossover called the E5. It’s also helped by the car being available through some great deals,… Continue reading Car Deal of the Day: stand out with the Omoda 5 EV at £289 a month