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News on Medial
EV startup Rivian's production chief joins Stellantis
Economic Times
·
11m ago
Medial
Rivian's head of manufacturing, Tim Fallon, is leaving the company to join Stellantis as its head of manufacturing in North America. This comes at a crucial time for Rivian as it is expanding its facility in Illinois to produce a smaller and more affordable SUV. Fallon, a former Nissan executive, oversaw a manufacturing plant overhaul at Rivian earlier this year. Rivian has appointed its head of logistics, Carlo Materazzo, to oversee production in the interim. Stellantis aims to launch 25 EV models in the U.S. by 2030 and plans to introduce a Jeep EV model costing less than $25,000.
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EV maker Rivian halts production of Amazon delivery vans amid parts shortage, shares down 5%
Economic Times
·
11m ago
Medial
Rivian, an electric vehicle manufacturer, has temporarily halted production of its commercial delivery vans due to a shortage of parts. Amazon, a major investor in Rivian, has ordered 100,000 of these electric delivery vans to be used by 2030. The specific part and supplier in question were not disclosed, and it is unclear when production will resume. This production halt is the latest in a series of supply chain challenges faced by Rivian and other EV makers. However, the part shortage will not affect the production of Rivian's other vehicles.
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Stellantis becomes the last major automaker to adopt Tesla’s charging plug
The Verge
·
1y ago
Medial
Stellantis, the parent company of Chrysler, Jeep, Ram, and Dodge, will adopt Tesla's electric vehicle charging plug, making it the last major car company to do so. The switch to Tesla's North American Charging Standard (NACS) will begin with Stellantis' EVs in 2025. Adapters will be provided during the transition period for customers with Combined Charging Standard (CCS) plugs. This move will provide Stellantis' EV customers access to Tesla's extensive charging network, enhancing the convenience and future of EV charging in North America and globally.
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After MG And BYD, Leapmotor Eyeing India Entry With Stellantis Partnership
Inc42
·
1y ago
Medial
Chinese electric vehicle (EV) maker Leapmotor is planning to enter the Indian market with the support of auto giant Stellantis. Leapmotor, which has achieved monthly sales of 10,000 cars in China, aims to announce its investments and entry plans soon. Stellantis, known for brands like Citroen, Jeep, and Fiat, already has a presence in India. The partnership with Stellantis has boosted Leapmotor's confidence in venturing into India, despite strict regulations. The move is expected to contribute to the competition in the budget-friendly EV segment in India.
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The 2024 all-electric Dodge Charger debuts with muscle car donuts, drifts and even a Hellcat rumble
TechCrunch
·
1y ago
Medial
Stellantis has unveiled two all-electric versions of the Dodge Charger, with features designed to appeal to muscle car enthusiasts, including a system that mimics the sound of a traditional V-8 engine. The EV coupes, the 2024 Charger Daytona Scat Pack and the Daytona R/T trim, are scheduled for production in mid-2024. These launches are part of Stellantis' plan to reduce its global carbon footprint and achieve net-zero carbon emissions by 2038. However, the company is not abandoning gas-powered vehicles altogether and plans to offer the next-generation Charger with internal combustion engines as well.
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Rivian blazed a trail with its adventure EVs — can it stay on top?
The Verge
·
1y ago
Medial
Rivian, the electric vehicle (EV) company, is set to release its next vehicle, the Rivian R2, on March 7th. However, the launch comes at a tumultuous time for the company and the overall EV market. Rivian reported significant financial losses in its fourth-quarter earnings and is facing a cash crunch. The R2, although an important release for Rivian, won't enter production until 2026. The company needs to increase its customer base and sell its current lineup of EVs to survive in the short term. With increasing competition and a cooling EV market, Rivian's future remains uncertain.
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Stellantis to bring Leapmotor EVs in India
YourStory
·
3m ago
Medial
Stellantis plans to introduce Leapmotor's electric vehicle (EV) lineup in India, aligning with its strategy to expand its EV footprint and focus on sustainability. Although no specific timeline was provided, the move follows Stellantis’s strategy to leverage its existing presence through Jeep and Citroën brands. Shailesh Hazela, Stellantis India CEO, emphasized the potential of the Indian market and highlighted Leapmotor's commitment to innovation, quality, and customer satisfaction in electric mobility.
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GMC Hummer EV outsold the Tesla Cybertruck last quarter | TechCrunch
TechCrunch
·
23d ago
Medial
Sales data from the second quarter showed the GMC Hummer EV outselling Tesla's Cybertruck. Tesla sold 4,306 units, while GMC sold 4,508 Hummers. Ford's F-150 Lightning remained the top-selling electric truck. Rivian's R1T sales also declined. The Cybertruck's sales peaked in 2024 but have since plummeted, possibly due to pricing issues or brand damage. Tesla has underutilized capacity at its Texas factory, deviating from its production forecast of 250,000 Cybertrucks annually.
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Stellantis to invest in French sodium-ion battery maker for EV output
Reuters
·
1y ago
Medial
Automaker Stellantis has announced its investment in French sodium-ion battery startup Tiamat to diversify its EV portfolio. The amount invested was not disclosed, but it is part of Tiamat's initial fundraising of €150 million. The funds will be used to construct a battery factory in northern France, increasing its initial capacity to 0.7 GWh by 2026 and potentially 5 GWh by 2029. Tiamat aims to produce competitive batteries without lithium, using more abundant sodium instead. Stellantis' investment aligns with its goal to achieve carbon net-zero by 2038.
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Leapmotor targets Indian market with Stellantis
Inshorts
·
1y ago
Medial
Chinese EV maker Leapmotor is looking to enter the Indian market. Partnering with auto giant Stellantis, which recently bought a 20% stake in its global operations, the company seeks to announce its investments and India entry plans soon. On the Other Hand Stellantis, boasts brands like Citroen, Jeep, Fiat, and already has a presence in India through these.
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Stellantis CEO dishes on Waymo, Rivian cuts staff and the great EV softening continues
TechCrunch
·
1y ago
Medial
TechCrunch Mobility provides news and insights on the transportation industry. Stellantis CEO Carlos Tavares discussed various topics, including the company's EV targets, the partnership with Waymo, and upcoming vehicle releases. Meanwhile, Cooltra acquired Cityscoot, a Paris-based electric moped service, in a deal approved by the courts. In other news, Haomo.ai raised $14 million in funding for its autonomous driving technology, Uber Eats plans to use sidewalk robots for delivery in Japan, and Lucid Motors and Rivian adjusted their EV production targets. Hivemapper also announced the launch of a new dashcam to compete against Google in mapping technology.
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