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Canadian labor union Unifor said on Wednesday that it is prioritizing discussions around the EV transition for the Brampton assembly plant in its labor contract talks with Chrysler parent Stellantis NV.
Stellantis, Europe's second biggest car manufacturer, is closing in on an agreement to buy a 20% stake in Chinese EV specialist Zhejiang Leapmotor Technologies, in a deal estimated to be worth upwards of $1 billion.
Stellantis NV is nearing a deal to acquire a roughly 20% stake in Chinese electric vehicle company Zhejiang Leapmotor , Bloomberg News reported on Wednesday citing people with knowledge of the matter.
(Kitco News) - The JV will focus on the recovery of all materials from end-of-life lithium-ion batteries and the manufacturing of new cathode materials.
A tough situation has just gotten tougher, it seems. Not only is the United Auto Workers (UAW) strike not likely to end anytime soon, but it's actually expanding.
Chrysler-parent Stellantis said on Tuesday it was temporarily laying off another 525 workers in Michigan due to the United Auto Workers decision to strike a company truck plant this week.
Automaker Stellantis (STLA) said it was set to enter a joint venture with Orano, a global nuclear fuel cycle company, to recycle electric vehicle (EV) batteries to support a circular economy.
Franco-Italian automaker Stellantis said on Tuesday it planned a joint venture with French nuclear fuels firm Orano to recycle used electric vehicle batteries and scrap from gigafactories.
Stellantis N.V. STLA, +0.32%, the former Fiat Chrysler, said Tuesday it has signed a memorandum of understanding with Orano to create a joint venture for recycling end-of-life EV batteries and scrap from gigafactories in Enlarged Europe and North America.
United Auto Workers union members at Stellantis NV's lucrative truck plant in Sterling Heights, Michigan, walked off the job Monday morning, a surprise hit designed to extract further concessions in the sixth week of the strike against Detroit's three biggest automakers. Gabrielle Coppola reports on "Bloomberg Markets.