Impact Investing
Stellantis Partners with Ayvens to Supply 500,000 Electric Cars
Stellantis has signed an agreement to sell half a million electric cars to Ayvens, a long-term car rental company, over the next three years. The economic size of the contract was not disclosed. The deal highlights Stellantis’ focus on the future and electric vehicles, aligning with its Dare Forward 2030 strategic plan to achieve 100% sales mix of battery electric passenger cars in Europe by 2030.
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.
__
(Featured image by Bob Osias via Unsplash)
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in StartupItalia. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us
-
Crypto1 week ago
Bitcoin to Reach $200,000 Next Year? Bernstein Sees Optimistic Forecast
-
Biotech3 hours ago
Yazen Closes a 19.5 Million Round to Grow and Expand Internationally
-
Business2 weeks ago
Masters of Trivia: Unlock Your Knowledge, Elevate Your Game
-
Cannabis5 days ago
Cosma Launches New Medical Cannabis Strains in Collaboration with Cannprisma – Gorilla Girl and Blue Monkey