Stellantis Partners with Ayvens to Supply 500,000 Electric Cars

Stellantis has signed an agreement for the sale of half a million electric cars to Ayvens, a company active in long-term car rental, over the next three years.

The news, on which no figures were reported on the economic size of the contract, allows us to return to talking about the future of the Italian-French group , which according to the company’s plans seems intent on putting production in Italy into the background. In recent weeks, Stellantis has in fact announced layoffs for 2 thousand employees at the Mirafiori plant.

If you want to read more about Stellantis and its agreement with Ayvens to supply the company with 500,000 electric cars, and to be the first to find the most important financial news of the day, download for free our companion app Born2Invest, available for free for both Android and iOS devices.

What are Stellantis’ electric plans?

In 2023, the group recorded a net profit of 18.6 billion euros (+11%). The latest rumors regarding the future of Mirafiori refer to a project to produce in Turin the electric vehicles of the Chinese startup Leapmotor, of which the automotive group controls a share.

As part of the Dare Forward 2030 strategic plan , Stellantis announced the goal of achieving 100% of the sales mix of battery electric passenger cars in Europe and 50% of the sales mix of BEV passenger cars and light commercial vehicles in the United States by 2030.

What Stellantis does with autonomous driving

In recent days there has also been talk of Stellantis also because CEO Carlos Tavares reported in an interview with TechCrunch that the company is still collaborating with Waymo, a subsidiary of the Alphabet group, to christen its first self-driving vans .

Since the Cruise scaleup (acquired years ago by General Motors ) is still in the midst of a crisis after the withdrawal of its vehicle license in San Francisco in 2023, Waymo is one of the players that is apparently trying to gain ground on its competitors. According to Tavares, the partnership with this company is continuing, although we still see little concrete on the road.

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(Featured image by Bob Osias via Unsplash)

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