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Stellantis N.V. (STLA.MI)

Milan - Milan Delayed Price. Currency in EUR
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12.19-0.35 (-2.79%)
At close: 05:35PM CEST
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  • Reuters

    Exclusive-California lithium tax would delay shipments to automakers, executives warn

    A proposed flat-rate tax on lithium produced in California's Salton Sea region will delay deliveries of the electric vehicle battery metal to General Motors Co and Stellantis NV and may push some mining companies to exit the state entirely, industry executives told Reuters. The brewing tension comes as America's largest state is trying to position itself as a leader in the green energy revolution and as supplies of lithium have failed to match surging demand amid the push to phase out gasoline-powered vehicles. Eric Spomer, chief executive of privately held EnergySource Minerals LLC, told Reuters his company has halted discussions with potential financiers and a major automaker he declined to identify while California's legislature debates the tax.

  • Reuters

    Stellantis' French diesel engine plant to get EV motor boost

    TREMERY (Reuters) -World No. 4 carmaker Stellantis said on Wednesday it will speed up electric motor production at its factory in Tremery, France, long the world's largest diesel engine plant, to account for 50% of the facility's capacity by 2024. By 2024, diesel engines will make up only 30% of installed capacity. Gasoline engines, also used for hybrid electric vehicles, will make up 20% of capacity.

  • Reuters

    Stellantis to start transformation of Termoli plant into gigafactory in 2024 -unions

    Carmaker Stellantis plans to start the conversion of its engine and gearboxes plant in Termoli, in Southern Italy, into the group's third battery producing facility in Europe in 2024, Italian unions said on Monday. As part of its electrification plans, Stellantis will build three so called 'gigafactories' in Europe, in France, Germany and Italy, though its ACC joint venture with Mercedes and TotaleEnergies, for a total capacity of at least 120 gigawatt hours (GWh) by 2030. Two more battery plants will be built in North America with partners LG Energy Solution (LGES) and Samsung SDI.