Tag #Stellantis

africa.chinadaily.com.cn
🌐 85% Global Worthiness
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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.

Progress

44% Bias Score

Affordable and Clean Energy
abcnews.go.com
🌐 85% Global Worthiness
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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.

Progress

44% Bias Score

Industry, Innovation, and Infrastructure
it.euronews.com
🌐 85% Global Worthiness
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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.

Progress

48% Bias Score

Decent Work and Economic Growth
faz.net
🌐 85% Global Worthiness
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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 ...

Progress

52% Bias Score

Decent Work and Economic Growth
repubblica.it
🌐 75% Global Worthiness
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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.

Progress

36% Bias Score

cincodias.elpais.com
🌐 85% Global Worthiness
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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.

Progress

44% Bias Score

usa.chinadaily.com.cn
🌐 85% Global Worthiness
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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

Affordable and Clean Energy
repubblica.it
🌐 85% Global Worthiness
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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

Climate Action
repubblica.it
🌐 75% Global Worthiness
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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

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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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

Decent Work and Economic Growth
cincodias.elpais.com
🌐 85% Global Worthiness
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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

Reduced Inequality
lemonde.fr
🌐 85% Global Worthiness
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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