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

The Truth About Cars

APRIL 16, 2024

However, Stellantis is also trying to shift EV assembly to places like Morocco due to their lower-than-average labor costs. The argument is that European manufacturers that are pivoting to EVs have had difficulties making them profitable and have already invested heavily into their development.

Legal 116
Legal Italy Morocco Detroit 116
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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

NOVEMBER 29, 2021

The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials, according to a new study on a unified African supply chain by BloombergNEF (BNEF). —James Frith, head of energy storage at BNEF.

Africa 221
Africa Supplies Emissions Poland 221
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