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Italy Might Soon Own a Chunk of Stellantis

The Truth About Cars

The automaker and government have been at odds for a while, as Setllantis has moved away from Italian auto production in favor of less expensive markets. Despite Italy’s ties to a handful of Stellantis brands, it does not hold a stake in the company and does not have board representation. Image: Maserati] Become a TTAC insider.

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Stellantis slams Italy for not backing EVs, putting Fiat at risk

Baua Electric

Fiat’s new 2024 500e (source: Stellantis) EVs drivers in Italy are a rare breed. And Stellantis’s CEO Carlos Tarvares says the government needs to step in and do more, a lot more, to promote EVs in a country with only 4% EV adoption rate, reports Automotive News Europe. And Tavares said that’s just not going to cut it.

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Italy looks to sink $1 billion into boosting electric cars

Baua Electric

Fiat’s new 2024 500e (source: Stellantis) Italy has some of the oldest, most polluting cars in Europe clogging up its roads, and the country is lagging behind other European countries in EV adoption. An EV made is Italy is even better. Bloomberg writes that the plan will be presented to auto representatives next month.

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Stellantis-Leapmotor eSUV details revealed in sales license for China

Teslarati

Stellantis-Leapmotor C16 SUV details were leaked after the companies filed for a sales license with China’s Ministry of Industry and Information Technology (MIIT). Stellantis and Leapmotor’s new SUV will have six seats and likely compete with the Aito M7. The legacy automaker invest €1.5

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Maserati reiterates all-electric ‘Made in Italy’ strategy in wake of delays, rifts with local gov’t

Baua Electric

Italian automaker Maserati is doubling down on its roots and letting the world know that its vehicles will continue to be 100% designed, developed, and manufactured in Italy. Meanwhile, Stellantis CEO Carlos Tavares is in a battle with the Italian government over EV sales support.

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BorgWarner acquires Italy-based EV charging industry

Baua Electric

The purchase goal is anticipated to generate about $27 million in earnings this past, and BorgWarner expects to extend gross sales to $273 million by way of 2027. Eldor’s electrical hybrid techniques area is made up of about 300 workers, together with 100 engineers, throughout two R&D crops in Italy and a producing plant in Turkey.

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BorgWarner acquires EV charging industry in Italy for roughly $80 million

Baua Electric

The purchase goal is predicted to generate about $27 million in income this presen, and BorgWarner expects to develop gross sales to $273 million through 2027. The post BorgWarner acquires EV charging industry in Italy for roughly $80 million appeared first on Bauaelectric Auto News.

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