Stellantis

The CEO of Stellantis, Carlos Tavares resigned, effective immediately today, December 1st. In October of this year, Stellantis announced it had begun the search for a successor to CEO Tavares who was planning to step down sometime in 2026, but tensions were already rising between the board and Tavares after Stellantis issued profit warning guidance in September on its 2024 full-year results.  A source inside the company said that the tensions between Tavares and t

Starting in 2025 with select EVs, Stellantis vehicles in North America will begin using the SAE J3400 charging connector, more commonly known as NACS.  The NACS connector is an evolution of the Tesla plug and is backward compatible. Stellantis was the last large holdout to adopt NACS and this move effectively completes the commitment from all companies to switch to the new standard. An adapter will be made available for owners of vehicles equipped with a CCS port. (At the time of this writing, t

On Monday, Stellantis and Samsung announced they had signed a memorandum of understanding to build a second battery manufacturing plant in the US via their joint partnership firm, StarPlus Energy. Their first facility is under construction in Kokomo, Indiana. Targeted for production start in the first quarter of 2025, the plant was initially planned to have a production capacity of 23 gigawatt-hours, later to increase to 33 gigawatt-hours as demand rises. However, the partners are bypassing

Today Stellantis CEO Carlos Tavares asked people to join him in embracing a new mindset. Expand one's vision, breaking the limits and seek to transform all facets of one's mobility for the betterment of families, communities and the overall society in which we live and operate. Stellantis will be an industry champion in climate change mitigation with a reduction of carbon create by 50% by 2030 and becoming net zero carbon emission by 2038. Leadership at Stellantis

Let get to the meat and potatoes of this big day and post in their bullet list of what Stellantis is going to do: Plans to invest more than €30 billion through 2025 in electrification and software, while continuing to be the automotive efficiency frontrunner, with investment efficiency 30 percent better than industry average  Targeting over 70 percent of sales in Europe and over 40 percent in the United States to be low emission vehicle (LEV) by 2030 All