US Department of Energy plans $7.5B loan to Stellantis, Samsung for battery plants
The U.S. Energy Department said Monday it plans to lend up to $7.54 billion to a joint venture of Chrysler parent Stellantis and Samsung SDI to help build two electric vehicle lithium-ion battery plants in Indiana.
The source said the board would also consider external candidates for the job.Start the day smarter. Get all the news you ...
Stellantis’ shareholder structure, including European governments and family owners, lacks alignment on prioritizing the U.S.
Until a new CEO is hired, the company will be led by an interim executive committee chaired by John Elkann. Elkann, the great ...
The problem at carmaker Stellantis NV is “more about its ownership” rather than former Chief Executive Officer Carlos Tavares ...
The carmaker said it hopes to conclude a hunt for Tavares’ replacement by the first half of 2025. In the meantime, John ...
Carlos Tavares has resigned as Stellantis CEO after nearly four years, amid plunging electric vehicle sales and rising ...
The company's board moved quickly after Tavares' departure and was unveiling the committee to key stakeholders by Monday ...
Stellantis' indicated Carlos Tavares' views had become misaligned with those held by the company's board and shareholders ...
Stellantis' next CEO faces a mountain of challenges, including overpriced vehicles with little demand, EVs arriving as the ...
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