Stellantis has announced a $27 billion charge as it scales back its electric vehicle ambitions, leading to a significant drop ...
Stellantis had high hopes for EVs, but they're now dialing back plans and taking a huge financial hit ...
Automaker Stellantis reports huge financial losses, involving electric vehicles. Now the owner of Jeep and Chrysler is ...
LG Energy Solution launched a series of battery joint ventures with major automakers in North America during the ...
Earlier this week, we’ve learned that the upcoming Ram Dakota midsize pickup for North America will offer real truck ...
Stellantis NV on Friday sold its 49% stake in a Canadian battery plant for $100 after the automaker behind brands including Jeep and Dodge announced $ 26.5 billion in electric vehicle-related losses ...
Good afternoon and happy Friday, Daily on Energy readers! The Winter Olympics officially opened today, though some events ...
Stellantis’ massive write-off comes after GM ( GM) took a cumulative $6.6 billion hit from its EV business in December, which ...
The company, which owns Chrysler, Fiat, Jeep and Peugeot, is changing its strategy to gasoline and hybrid vehicles in an ...
The Dow surged above 50,000 points for the first time Friday, shrugging off worries connected to artificial intelligence ...
Stellantis NV is taking more than €22 billion in charges mainly linked to reversing course on its EV strategy, prompting a record plunge ...
Unifor, the Canadian union that represents automotive-assembly workers, said it commends LG Energy for stepping up and taking full control of NextStar, which may employ up to 2,500. The union also ...