Electric mobility has 'won the race' but Volkswagen hits brakes on EV strategy

fortune.com Volkswagen AG’s all-in on electric vehicles plan is no more. The namesake VW brand, which pitched its ID family of electric cars as central to its future, admitted last week…

Stellantis Announces Changes in Leadership Team

stellantis.com AMSTERDAM – Stellantis today announced the following organizational changes, effective June 1, 2024. Chris Feuell is appointed Ram brand CEO in addition to her current…

Stellantis taps new leaders for Ram, Dodge brands

detroitnews.com Stellantis NV on Friday said the chief executive for its Ram and Dodge brands, Tim Kuniskis, is retiring after 32 years with the company. The automaker has tapped Christine…

Stellantis and Leapmotor Launch EV Joint Venture

tipranks.com Stellantis N.V. (IT:STLAM) has released an update. Stellantis N.V. and Leapmotor have announced the formation of Leapmotor International B.V., a jo...

Japan’s Asahi Kasei to invest $1.6-billion in Ontario electric-vehicle facility: sources

theglobeandmail.com Honda Motor Co.’s $15-billion investment in Ontario’s electric-vehicle supply chain will extend into the Niagara region, through a partnership with Japan’s Asahi Kasei to…

How Honda's deal stacks up to other EV investments in Canada

financialpost.com The federal and Ontario governments announced a deal with Honda Motor Co. Ltd. Thursday that will see the Japanese automaker establish an electric vehicle supply chain and…

Warren Buffett-Backed BYD Aims To Outperform Tesla, VW, Stellantis As Europe's Leading BEV Seller: 'The Long Term Is To Produce Locally;'

benzinga.com Warren Buffett-backed Chinese automaker BYD Co Ltd BYDDF BYDDY has set its sights on becoming the top battery-electric vehicle (BEV) seller in Europe, aiming to surpass…

The 3 Most Undervalued Auto Stocks to Buy in May 2024 The 3 Most Undervalued Auto Stocks to Buy in May 2024

investorplace.com After a challenging 2023, these undervalued auto stocks are too cheap to ignore To say the least, 2023 was a challenging year for auto manufacturers. That said, these issues…