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Stellantis Investors Fume Over CEO Pay Amid Job Cuts, Plant Closures, Supplier Strife

The Truth About Cars

Stellantis CEO Carlos Tavares’ pay increase has annoyed a subset of shareholders as the automaker positions itself for more layoffs and attempts to shift the production of electric vehicles to countries where labor is cheaper. They are even willing to accept lower dividends or to make efforts if the social context is complicated.”

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Peugeot sees robust orders, rolls out EV subscriptions in Europe

Baua Electric

Peugeot lately has a “healthy” form store and is taking a look to make bigger electric-vehicle choices at the same time as indicators mount that auto call for is softening international, Linda Jackson, the emblem’s CEO, stated. The emblem has refuse plans to go into the U.S.

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Nissan Forecasts US$2.9B Loss for Fiscal Year; Cuts Planned Production by 20%

Green Car Congress

Nissan will launch an average of 10 all-new vehicles per year in the 2009-2012 period, including the company’s all-new, A-Platform entry-car lineup and a dedicated all-electric vehicle. Joint manufacturing projects with Alliance partner Renault in Morocco and India will be revised.

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COP26 declaration on accelerating the transition to 100% zero emission cars and vans

Green Car Congress

All governments should also support the transition of these light vehicles to zero emission vehicles; Kenya; Secretariat of Economy, Mexico; Morocco; Paraguay; Rwanda; Turkey; Uruguay. Unilever; Vattenfall; Zenith; Zurich.

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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

Green Car Congress

Electric vehicles represent a $7 trillion market opportunity between today and 2030, and $46 trillion between today and 2050, according to the new report, “ The Cost of Producing Battery Precursors in the DRC ”, launched at the DRC-Africa Business Forum 2021.

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