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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. Legal challenges have also been raised on behalf of the manufacturer. Suppliers certainly appear angry.

Legal 116
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COP26 declaration on accelerating the transition to 100% zero emission cars and vans

Green Car Congress

The declaration is not legally binding and is focused on a global level. We will support efforts to achieve the road transport breakthrough announced by world leaders, which aims to make zero emission vehicles the new normal by making them accessible, affordable and sustainable in all regions by 2030. …

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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. This is three times cheaper than what a similar plant in the US would cost.

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