Tue, December 3, 2024
Mon, December 2, 2024

Stellantis considers Picat and Filosa for CEO, says source

Stellantis is considering the construction of a new battery plant in the Italian town of Termoli, as part of its strategy to expand electric vehicle production, according to a source close to the matter. The potential investment, which could be worth billions of euros, aims to leverage Italy's push towards sustainable automotive manufacturing. The decision comes amidst discussions with the Italian government, which is keen on boosting local employment and advancing its green technology sector. However, no final decision has been made, and details regarding the scale of the investment, job creation, and the timeline for the project remain under negotiation.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/autos-transportation/stellantis-considers-picat-filosa-ceo-says-source-2024-12-02/ ]


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