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Stellantis and CATL to Build €4.1 Billion EV Battery Plant in Spain
Stellantis and CATL announced a €4.1 billion investment in a Spanish LFP battery plant, starting production by late 2026 with a capacity to power 700,000 electric vehicles daily, boosting Stellantis' European EV offerings and reflecting global EV battery market trends.
Stellantis and CATL to Build €4.1 Billion EV Battery Plant in Spain
Stellantis and CATL announced a €4.1 billion investment in a Spanish LFP battery plant, starting production by late 2026 with a capacity to power 700,000 electric vehicles daily, boosting Stellantis' European EV offerings and reflecting global EV battery market trends.
Progress
44% Bias Score
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CATL and Stellantis to Build $4.3B Electric Vehicle Battery Factory in Spain
Chinese battery giant CATL and Stellantis will build a $4.3 billion electric vehicle battery factory in Zaragoza, Spain, starting production by late 2026 to meet growing European demand and address the EU's 2035 ban on internal combustion engines.
CATL and Stellantis to Build $4.3B Electric Vehicle Battery Factory in Spain
Chinese battery giant CATL and Stellantis will build a $4.3 billion electric vehicle battery factory in Zaragoza, Spain, starting production by late 2026 to meet growing European demand and address the EU's 2035 ban on internal combustion engines.
Progress
44% Bias Score
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Stellantis Layoffs Spark Italian Protests
On Tuesday, Stellantis workers will protest 97 layoffs at Trasnova in Rome, coinciding with a Mimit meeting; further layoffs are planned at Melfi's Teknoservice and Logitech by January 2, 2025, prompting government intervention and highlighting broader industry challenges.
Stellantis Layoffs Spark Italian Protests
On Tuesday, Stellantis workers will protest 97 layoffs at Trasnova in Rome, coinciding with a Mimit meeting; further layoffs are planned at Melfi's Teknoservice and Logitech by January 2, 2025, prompting government intervention and highlighting broader industry challenges.
Progress
48% Bias Score
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"CATL and Stellantis to Build €4 Billion Battery Factory in Spain"
"CATL and Stellantis are building a €4 billion battery cell factory in Zaragoza, Spain, creating over 4,000 jobs, defying Europe's struggling battery sector and exceeding prior announcements of €2.5 billion investment and 3,000 jobs; the factory's initial phase will focus on module production using ...
"CATL and Stellantis to Build €4 Billion Battery Factory in Spain"
"CATL and Stellantis are building a €4 billion battery cell factory in Zaragoza, Spain, creating over 4,000 jobs, defying Europe's struggling battery sector and exceeding prior announcements of €2.5 billion investment and 3,000 jobs; the factory's initial phase will focus on module production using ...
Progress
52% Bias Score
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Stellantis Repairs Ties with Italy, Announces New Investments
Stellantis is mending ties with Italy, aiming to secure €750-900 million in funding and announcing new production plans for hybrid and electric vehicles in Italian plants, including the 500 in Mirafiori, the Panda in Pomigliano until 2030, and the Lancia Gamma in Melfi from 2026.
Stellantis Repairs Ties with Italy, Announces New Investments
Stellantis is mending ties with Italy, aiming to secure €750-900 million in funding and announcing new production plans for hybrid and electric vehicles in Italian plants, including the 500 in Mirafiori, the Panda in Pomigliano until 2030, and the Lancia Gamma in Melfi from 2026.
Progress
36% Bias Score
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Stellantis CEO Ousted Amidst Industry Crisis
Stellantis abruptly dismissed CEO Carlos Tavares, causing a 6.3% stock drop amidst poor financial results and intense competition from Chinese and American automakers; the succession process, expected to last months, raises concerns about the company's future.
Stellantis CEO Ousted Amidst Industry Crisis
Stellantis abruptly dismissed CEO Carlos Tavares, causing a 6.3% stock drop amidst poor financial results and intense competition from Chinese and American automakers; the succession process, expected to last months, raises concerns about the company's future.
Progress
44% Bias Score
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Stellantis and CATL to Build €4.1 Billion EV Battery Plant in Spain
Stellantis and CATL announced a €4.1 billion investment in a Spanish LFP battery plant, starting production by late 2026 with a capacity to power 700,000 EVs daily, boosting Stellantis' European EV production and affordability, and marking CATL's continued European expansion.
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Stellantis and CATL to Build €4.1 Billion EV Battery Plant in Spain
Stellantis and CATL announced a €4.1 billion investment in a Spanish LFP battery plant, starting production by late 2026 with a capacity to power 700,000 EVs daily, boosting Stellantis' European EV production and affordability, and marking CATL's continued European expansion.
Progress
52% Bias Score
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Stellantis and Zeta Energy Partner to Develop Next-Generation EV Batteries
Stellantis and Zeta Energy are jointly developing lithium-sulfur batteries for EVs, promising a 50% reduction in charging time and cost, along with improved performance and range, using readily available and sustainable materials; production is targeted for 2030.
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Stellantis and Zeta Energy Partner to Develop Next-Generation EV Batteries
Stellantis and Zeta Energy are jointly developing lithium-sulfur batteries for EVs, promising a 50% reduction in charging time and cost, along with improved performance and range, using readily available and sustainable materials; production is targeted for 2030.
Progress
44% Bias Score
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Stellantis Cuts 97 Jobs Amidst Italian Plant Restructuring
Stellantis terminated its contract with logistics firm Trasnova, causing 97 job losses in Italy; the company cites cost-cutting amid industry-wide challenges from European regulations, Chinese competition, and declining demand, while discussions are ongoing with the Italian government and unions to ...
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Stellantis Cuts 97 Jobs Amidst Italian Plant Restructuring
Stellantis terminated its contract with logistics firm Trasnova, causing 97 job losses in Italy; the company cites cost-cutting amid industry-wide challenges from European regulations, Chinese competition, and declining demand, while discussions are ongoing with the Italian government and unions to ...
Progress
44% Bias Score
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Mirafiori Factory Faces Closure Amidst Stellantis Crisis
The Mirafiori factory, once Europe's leading carmaker, faces closure as Stellantis grapples with declining sales, particularly of its electric vehicles. This reflects broader challenges in the European auto industry, marked by falling EV sales and factory closures.
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Mirafiori Factory Faces Closure Amidst Stellantis Crisis
The Mirafiori factory, once Europe's leading carmaker, faces closure as Stellantis grapples with declining sales, particularly of its electric vehicles. This reflects broader challenges in the European auto industry, marked by falling EV sales and factory closures.
Progress
40% Bias Score
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Stellantis CEO Carlos Tavares Earned €36.5 Million in 2023
Carlos Tavares, former Stellantis CEO, received €36.494 million in compensation in 2023, 518 times the average employee salary, despite declining shareholder approval; Stellantis will appoint a new CEO by the first half of 2025.
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Stellantis CEO Carlos Tavares Earned €36.5 Million in 2023
Carlos Tavares, former Stellantis CEO, received €36.494 million in compensation in 2023, 518 times the average employee salary, despite declining shareholder approval; Stellantis will appoint a new CEO by the first half of 2025.
Progress
48% Bias Score
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Stellantis's Turin Plant Job Cuts Reflect European Auto Industry Crisis
Stellantis's Mirafiori plant in Turin, Italy, has placed 3,200 workers on technical unemployment due to low vehicle demand and the slow sales of electric vehicles, reflecting the broader European auto industry crisis and the challenges of transitioning to electric vehicles.
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Stellantis's Turin Plant Job Cuts Reflect European Auto Industry Crisis
Stellantis's Mirafiori plant in Turin, Italy, has placed 3,200 workers on technical unemployment due to low vehicle demand and the slow sales of electric vehicles, reflecting the broader European auto industry crisis and the challenges of transitioning to electric vehicles.
Progress
60% Bias Score