Umicore draws capex flak
The European battery metals processor remains under fire despite reining in spending
Stellantis was formed in 2021 to bring together Fiat-Chrysler and PSA-Group. Stellantis trades under 16 global brands: Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS, Fiat, Fiat Professional, Jeep, Lancia, Maserati, Mopar, Opel, Peugeot, Ram, and Vauxhall. Stellantis has plans for 3 next-gen EV platforms across the portfolio.
Firm spent €103mn to upgrade the Szentgotthard facility
The JV will add 80GWh to Europe's battery capacity with one of the largest financing rounds in industry history
The Franco-Italian conglomerate’s all-electric sales reports a good start to the year, but the devil is in the detail
Anticipated slower US adoption of all-electric vehicles may be driving compromise on STLA Large
Stellantis brand aiming for an entirely electric range by 2028
Two of the Amsterdam-headquartered conglomerate’s US brands are showing more of their first all-electric models for their home market
That electrification innovation born in China does not stay in China is a lesson everyone should learn
OEMs targeting the e-pickup segment may need to rely on customers who have not previously bought trucks
Stellantis’ French marque is taking on the US fully electric market
But analysts are concerned about the conglomerate's focus, or lack of it
Firms need to look at access to both primary metals and processed battery materials
Another plank in European OEM’s ‘anti-Chinese invasion’ strategy will be distinctly Chinese in flavour
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