Samsung SDI-Stellantis promotes construction of second joint plant in the US

2023-07-24 07:04:52 34GWh in 2027, location undecided Expansion of US battery plant to 67GWh Samsung SDI is promoting the second electric vehicle battery joint venture with Stellantis. The two companies announced on the 24th (local time) that they signed a memorandum of understanding (MOU) to build the second plant of Star Plus Energy, a joint … Read more

[백브리핑AI] “GM, Samsung SDI establishes a new battery plant in the US”

2023-04-25 03:05:58 [인포스탁데일리=박상철 기자] US General Motors (GM) and Samsung SDI are establishing a new joint battery plant in the US. According to major foreign media, GM and Samsung SDI will announce such plans on the 25th at the earliest. Foreign media reported that the new plant site is likely to be in Indiana. In … Read more

Report: 3 international car companies invest $145 million in Egypt

Written by Ahmed Alawi Tuesday, February 28, 2023 02:43 PM Zawya, an economic news website, highlighted that three international car companies plan to invest up to $145 million in Egypt over the next three years, Prime Minister Mostafa Madbouly said at a press conference on February 22nd.. Madbouly indicated that the major companies, namely Nissan, … Read more

The all-new Grand Cherokee L 2022… a milestone in the history of…

(MENAFN– Al-Bayan) After the group “Stellantis” launched the all-new model “Jeep Grand Cherokee L 2022” in the Middle East, we saw how the car captured the attention of “Jeep” enthusiasts, due to what distinguished this model in terms of its latest design, which constitutes a unique combination of A higher level of legendary four-wheel drive … Read more

Big banks attack manufacturers’ business

Volkswagen Financial Services In Braunchsweig, people have so far been relaxed about the growing competition (Photo: Press photo) Frankfurt December 2021: The car group Stellantis, which emerged from the merger of Fiat Chrysler and PSA, announces that it will found a leasing provider together with the French bank Crédit Agricole. The goal: a fleet of … Read more

Ukraine crisis creates tension on the financial markets

Trading room of the Frankfurt Stock Exchange Investors are likely to keep a close eye on the Ukraine conflict in the coming week as well (Photo: Archyde.com) Frankfurt The alert on the stock markets is likely to continue. Against the background of the conflict over Ukraine, experts are concerned about the coming stock market week. … Read more

Detroit teachers’ open letter to autoworkers: Shut down schools and factories to save lives, not profits!

Dear brothers and sisters, We are the teachers of many of your children in Detroit public schools. We ask that you join us in demanding that schools remain closed and that our children and our communities are safe. The Omicron variant of COVID-19 continues to rage across the city and state, as well as across … Read more

“Nobody cares that Opel makes money”

Carlos Tavares The Stellantis boss is sticking to his basic course for the Opel renovation. (Photo: Archyde.com) Paris Carlos Tavares is not in a good position in Germany as head of Opel parent company Stellantis. After violent protests from politicians and unions, Tavares had to withdraw his plans to spin off the plants in Rüsselsheim … Read more