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Stellantis

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This articlemay have been created or edited in return for undisclosed payments, a violation of Wikipedia'sterms of use. It may require cleanup to comply with Wikipedia'scontent policies, particularlyneutral point of view.(October 2025)
Multinational automotive car manufacturing corporation

Stellantis N.V.
North American headquarters inAuburn Hills, Michigan, USA.
Company typePublic
ISINNL00150001Q9
IndustryAutomotive
Predecessors
Founded17 January 2021; 4 years ago (2021-01-17)
HeadquartersHoofddorp, Netherlands (legal office)
Auburn Hills, Michigan, United States (CEO's office)
Area served
Worldwide
Key people
Production output
Decrease 5.415 million vehicles (2024)
Brands
RevenueDecrease €156.9 billion (2024)
Decrease €3.69 billion (2024)
Decrease €5.52 billion (2024)
Total assetsIncrease €207.6 billion (2024)
Total equityDecrease €82.12 billion (2024)
Owners
Number of employees
248,243 (2024)
Subsidiaries
Websitestellantis.com
Footnotes / references
[2][3][4][5][6][7][8][9]

Stellantis N.V. is a multinationalautomotive manufacturing corporation formed in 2021 through the merger of the FrenchPSA Group andFiat Chrysler Automobiles (FCA), which was itself created by the merger of Italy'sFiat and the US-basedChrysler, completed in stages between 2009 and 2014. Stellantis is headquartered inHoofddorp, Netherlands, while the CEO now operates fromAuburn Hills, Michigan.[10]

As of 2025, Stellantis ranked as the world's fifth-largest automaker by global sales volume, behindToyota,Volkswagen Group,Hyundai Motor Group, and theRenault–Nissan–Mitsubishi Alliance.[11] That same year, it placed 61st on theForbes Global 2000 list of the world’s largest public companies.[12] Stellantis shares are listed on theEuronext Paris,Borsa Italiana, andNew York Stock Exchange.[13]

The company designs, manufactures, and markets vehicles under 14 brands:Abarth,Alfa Romeo,Chrysler,Citroën,Dodge,DS Automobiles,Fiat,Jeep,Lancia,Maserati,Opel,Peugeot,Ram Trucks, andVauxhall. At the time of the merger, Stellantis employed approximately 300,000 people, with manufacturing operations in 30 countries and a commercial presence in over 130 markets worldwide.[14]

Etymology

[edit]

The company says the nameStellantis is derived from the Latin verbstello, meaning "to brighten with stars". The present participle form,stellans, carries the adjectival meaning "starry" or "starlike".[15][16] The suffix "N.V." stands fornaamloze vennootschap, a Dutch term for apublicly traded company, equivalent to "plc" in the United Kingdom or "S.A." in France.

History

[edit]

In early 2019,Fiat Chrysler Automobiles (FCA) pursued a merger with French automakerRenault, reaching a provisional agreement.[17] However, the deal collapsed due to political concerns from the French government and resistance from Renault'salliance partner,Nissan.[18] FCA subsequently turned to another French automaker, thePSA Group, and in December 2019, the two companies agreed to merge, forming the world's fourth-largest automaker by global vehicle sales, with projected annual cost savings of €3.7 billion, or about US$4.22 billion.[15]

TheEuropean Commission approved the merger on 21 December 2020 with minimal conditions.[19] Shareholders of both companies approved the deal on 4 January 2021, and the merger was completed on 16 January 2021. The combined entity was renamed Stellantis N.V. on 17 January, with shares beginning to trade under the symbol "STLA" on theMilan Stock Exchange andEuronext Paris on 18 January and on theNew York Stock Exchange on 19 January.[20][21][22] For accounting purposes, PSA was designated the acquirer, and financial statements reflect PSA's historical performance.[15][23][24]

Following the merger, the largest shareholders of Stellantis wereExor, the investment company of theAgnelli family, the founders ofFiat, with a 14.2% stake;Peugeot Invest, the Peugeot family’s holding company, with 7%; andBpifrance, the French state-owned investment bank, with 6%.[24][25]

Carlos Tavares, the CEO of PSA Group, was appointed CEO of Stellantis with a five-year term. Immediately following the merger, Tavares announced plans to offer 29 electrified vehicle models by the end of 2021 and to invest over €30 billion in electrification and software by the end of the decade.[26][27][28][29][30]

In response to theglobal semiconductor shortage that forced the company to slow or stop production at its plants,[31] Stellantis signed a partnership withFoxconn in 2021 to co-develop automotive chips,[32] and in 2023, the two companies launched a joint venture called SiliconAuto, based in the Netherlands.[33]

In 2022, Stellantis halted Russian operations due tosanctions related to the invasion of Ukraine. In early 2024, Russian partners began producing Citroën-branded vehicles at the Kaluga plant, prompting Stellantis to state it had "lost control" of its assets in Russia.[34]

Stellantis also faced legal and regulatory scrutiny. In May 2022, the company pleaded guilty to criminal charges and paid $300 million to settle a U.S. Department of Justice investigation into diesel emissions fraud affecting over 100,000 vehicles.[35]

The company continued expanding its mobility and autonomous technology portfolio, acquiringcarsharing platformShare Now in July 2022 and autonomous driving startupaiMotive in November 2022.[36][37][38]

In October 2023, Stellantis acquired a 20% stake in Chinese EV manufacturerLeapmotor for €1.5 billion,[39] forming a joint venture, Leapmotor International, to handle global sales and production outside China.[40][41]

The company announced a €3 billion (US$3.2 billion) sharebuyback in 2024.[42]

Under the leadership of Tavares, Stellantis faced mounting criticism over its cost-cutting strategy, declining sales, and strained relationships with key stakeholders. Tavares implemented aggressive restructuring measures, including workforce reductions and tight control over product development, which some analysts blamed for delays in new model launches and weakening brand performance, particularly in North America.[43] U.S. dealers expressed concern about rising inventories and brand mismanagement, while the United Auto Workers criticized the company over job cuts and halted investment plans.[44][45] Stellantis reported a 70% drop in net profit in 2024, with global shipments and U.S. market share declining significantly.[46] Amid internal friction with the board and worsening financial performance, Tavares resigned in December 2024, two years before his contract was set to expire.[47]

On 28 May 2025, the board unanimously appointed Antonio Filosa, a longtime executive who had led Stellantis operations in North and South America, as CEO, effective 23 June 2025.[48] Filosa is expected to place renewed emphasis on the North American market.[49]

Brands

[edit]

The active brand portfolio of Stellantis as of 2025[update] is shown below.[50] This list does not contain any discontinued brands owned by the company which have been placed into dormancy either directly or by its predecessor organizations.

BrandOriginEstablishedBrand CEO
AbarthItaly1949Olivier François
Alfa RomeoItaly1910Santo Ficili
ChryslerUnited States1925Christine Feuell[51]
CitroënFrance1919Xavier Chardon
DodgeUnited States1914Matt McAlear
DS AutomobilesFrance2014Xavier Chardon
FiatItaly1899Olivier François
JeepUnited States1943Bob Broderdorf
LanciaItaly1906Luca Napolitano
MaseratiItaly1914Santo Ficili
OpelGermany1862Florian Huettl
PeugeotFrance1810Alain Favey
Ram TrucksUnited States2010Tim Kuniskis
VauxhallUnited Kingdom1857[52]Florian Huettl

Leadership

[edit]

Senior management

[edit]

Current assembly plants

[edit]

Africa

[edit]
CountryNameLocationDate openedCurrent products
EgyptArab American Vehicles (AAV)CairoApril 2025
AlgeriaOran PlantTafraouiDecember 2023
MoroccoKenitra PlantAmeur SefliaJune 2019
NamibiaWalvis Bay PlantWalvis Bay2018
Nigeria

(Dangote JV)

Kaduna PlantKaduna2016

Asia

[edit]
CountryNameLocationDate openedCurrent products
China
(Dongfeng JV)
Wuhan PlantWuhan1992
Chengdu PlantChengdu2016
IndiaHosur Plant
(AVTEC JV)
Hosur2017
  • Powertrains
Ranjangaon Plant
(Tata JV)
RanjangaonJanuary 1997
Thiruvallur PlantThiruvallur2020
IndonesiaPurwakarta Plant
(Indomobil JV)
Purwakarta2025
MalaysiaGurun PlantGurun2002
Turkey
(Koç JV)
Bursa PlantBursa1971

Europe

[edit]
CountryNameLocationDate openedCurrent productsVIN code
FranceDouvrin PlantDouvrin1969
  • Electric batteries
Mulhouse PlantSausheim1972Y
Poissy PlantPoissy1940W
Rennes PlantChartres-de-Bretagne1961-
Sochaux PlantSochaux1912S
Hordain PlantHordain/Lieu-Saint-Amand1993Z
GermanyEisenach PlantEisenach19906
Kaiserslautern PlantKaiserslautern1966
  • Components
  • Engines
-
Rüsselsheim PlantRüsselsheim am Main18981
HungarySzentgotthárd PlantSzentgotthárd1990
  • Engines
  • Transmissions
S
ItalyMirafiori PlantTurin1939X
Cassino PlantPiedimonte San Germano19727
Modena PlantModena1940M
Pomigliano PlantPomigliano d'Arco19683
Melfi PlantSan Nicola di Melfi1993P
Atessa PlantAtessa19812
PolandGliwice PlantGliwice1998G
Tychy Engine PlantTychy1996
  • Engines
Tychy PlantTychy1992J
PortugalMangualde PlantMangualde1962-
SerbiaKragujevac PlantKragujevac2008Z
SlovakiaTrnava PlantTrnava2006T
SpainMadrid PlantVillaverde (Madrid)1951-
Vigo PlantVigo1958J
Zaragoza PlantFigueruelas19824
United KingdomEllesmere Port PlantEllesmere Port19628

North America

[edit]
CountryNameLocationDate openedCurrent productsVIN code
CanadaBrampton AssemblyBrampton1986
  • Currently vacant
H
Etobicoke CastingToronto1942
  • Aluminum die castings
  • Engine and transmission parts
Windsor AssemblyWindsor1928R
MexicoSaltillo EngineSaltillo1981
Saltillo South Engine2010
Saltillo Stamping1997
  • Metal stampings
Saltillo Truck Assembly1995G
Saltillo Van Assembly2013E
Toluca AssemblyToluca1968T
Toluca Stamping Facility1994
  • Metal stampings
United StatesDetroit Assembly Complex – JeffersonDetroit, Michigan1991C
Detroit Assembly Complex – Mack19538
Dundee EngineDundee, Michigan2002
Indiana TransmissionKokomo, Indiana1998
  • 6- and 9-speed automatic transmissions
Kokomo Engine Plant2003
Kokomo Casting1965
  • Engine blocks
  • Transmission cases
  • Aluminum components
Kokomo Transmission1956
  • 8-speed automatic transmissions
  • Machined components for 9-speed automatic transmission
Mount Elliott Tool and DieDetroit, Michigan1938
Sterling Heights AssemblySterling Heights, Michigan1953N
Sterling Stamping1965
  • Metal stampings
Tipton TransmissionTipton, Indiana2014
  • 9-speed automatic transmissions
Toledo MachiningPerrysburg, Ohio1967
  • Steering columns
  • Torque converters
Toledo NorthToledo, Ohio2001W
Toledo South1942L
Trenton Engine ComplexTrenton, Michigan1952
Warren StampingWarren, Michigan1949
  • Metal stampings
Warren Truck Assembly1938S, T, V

South America

[edit]
CountryNameLocationDate openedCurrent products
ArgentinaEl Palomar PlantEl Palomar1960
Ferreyra PlantFerreyra1958
BrazilBetim PlantBetim1976
Goiana PlantGoiana2015
Porto Real PlantPorto Real2001

Oceania

[edit]
CountryNameLocationDate openedCurrent productsNotes
AustraliaClayton South PlantClayton South2015
  • Owned and operated byWalkinshaw Group
  • Remanufacturer of right-hand drive vehicles from left-hand drive vehicles
DistributionPort Melbourne2021
  • Owned and operated by Stellantis
  • Parent Company

Former assembly plants

[edit]
CountryNameLocationDate openedDate closedProducts
AustriaAspern PlantAspern19822024
  • Six-speed manual transmissions
ItalyGrugliasco PlantGrugliasco20132024
PolandBielsko-Biała PlantBielsko-Biała19482024
  • Engines
  • Gearboxes
RussiaKaluga PlantKaluga20132022
United KingdomLuton PlantLuton19052025

Motorsport

[edit]

Stellantis Motorsport is a department led by director and senior vice president Jean-Marc Finot.[55] It is responsible for themotorsport activities of the corporation's brands, divisions, and subsidiaries:

TheStellantis Motorsport Racing Shop combines Citroën Racing, Peugeot Sport and Opel Motorsports' customer racing distribution and retail sales operations.[60] It is also known as Peugeot Citroën Racing Shop[61] and Peugeot Citroën Opel Racing Shop.[62]

TheStellantis Motorsport Cup is a rally competition run in Belgium, France and Spain using Peugeot 208 and Opel Corsa Rally4 cars.[56] The cup originated in Belgium and Luxembourg asPSA Motorsport Cup Belux.[63]

Technology

[edit]

Electrification strategy

[edit]

In 2021 Stellantis released their "Dare Forward" strategic plan, which aims to invest €50 billion before 2030 to fund electrification of vehicles and sets global sales and sustainability targets. Goals include achieving 100% battery electric vehicle (BEV) sales for passenger cars in Europe and 50% of passenger car and light-duty truck sales in the United States by 2030, across 75 electric vehicle models.[64] Stellantis is using a mix of nickel-based (NMC) and cobalt-free battery packs, andlithium iron phosphate (LFP) packs for cheaper BEV variants, to power vehicles with front-, rear-, and all-wheel-drive systems, for driving ranges between 500 and 800 kilometers (300–500 miles).[65]

Sustainability

[edit]

In 2023, Stellantis introduced SUSTAINera, a hub for recycling and sourcing used parts to improvecircular economy sustainability goals, reduce waste, and offset emissions.[66][67] The initiative aims to contribute to the goal of achieving carbon net zero by 2038.[68] Stellantis hopes to also further these goals by integrating its B-Parts aftermarket platform, acquired by PSA in 2020.[69]

On 12 December 2024, it was reported that Stellantis have agreed to establish a joint-venture withContemporary Amperex Technology Co. Ltd. to invest €4.1 billion in building a large-scalelithium iron phosphate battery plant inZaragoza,Spain. This is in line with their 2038 zero carbon target.[70]

See also

[edit]

References

[edit]
  1. ^"Stellantis Announces Antonio Filosa – 25-Year Veteran of the Company – to Be Its New Chief Executive Officer".Stellantis. 28 May 2025. Retrieved28 May 2025.
  2. ^"2024 Annual Report (Form 20-F)". US Securities and Exchange Commission. 27 February 2025. Retrieved27 February 2025.
  3. ^"Annual Report and Form 20-F for the year ended December 31, 2021"(PDF).Stellantis N.V. 25 February 2022. Retrieved17 March 2022.
  4. ^"Fiat-Chrysler & Peugeot Agree on Merger to Create 4th-Largest Carmaker".NPR. 19 October 2019. Retrieved17 July 2020.
  5. ^Beresford, Colin (19 January 2021)."It's Official: Fiat Chrysler and PSA Group Are Now Stellantis".Car and Driver.
  6. ^"Top jobs for Stellantis: electrification, restructure Europe, compete in China".Detroit News.
  7. ^"Stellantis Surges in Trading Debut After Fiat-PSA Merger".Bloomberg. 18 January 2021. Retrieved19 January 2021.
  8. ^"STLA - Stellantis NV Shareholders - CNNMoney.com".money.cnn.com.
  9. ^"Annual Report for the year ended December 31, 2023"(PDF).Stellantis. Retrieved28 April 2024.
  10. ^News (TNS), Luke Ramseth-The Detroit (23 June 2025)."New Stellantis CEO Antonio Filosa to keep North America oversight, work from Auburn Hills".Greater Milwaukee Today. Retrieved4 August 2025.
  11. ^"World Best Car Manufacturer 2025. The Top 30 Groups".focus2move. August 2025.
  12. ^"The Global 2000 2023".Forbes. Archived fromthe original on 29 January 2024. Retrieved7 February 2024.
  13. ^Smith, Elliot (18 January 2021)."World's fourth-largest carmaker rallies on first day of trade after $52 billion merger".CNBC. Retrieved19 June 2021.
  14. ^"Overview".Stellantis. Retrieved19 January 2021.
  15. ^abc"Fiat Chrysler and PSA Group rename merged automaker 'Stellantis'".Fox Business. 16 July 2020. Retrieved20 September 2022.Stellantis is rooted in the Latin verb 'stello' meaning 'to brighten with stars.'
  16. ^Stellantis is the genitive, singular form, masculine and neuter, of the adjectivestellans, or alternatively the present active participle of the verbstello, in both cases meaning "brightened with stars". See dictionaries:
  17. ^"Fiat Chrysler proposes 50-50 merger with Renault".TechCrunch.Archived from the original on 17 March 2021. Retrieved27 May 2019.
  18. ^"Braking bad: A merger of Fiat Chrysler Automobiles and Renault is no more".The Economist. London. 8 June 2019. Retrieved16 February 2021.Sources close to FCA say that the government was constantly second-guessing and renegotiating every aspect of the deal. For FCA, this portended future interference. When France pointed the finger at Nissan as a roadblock, FCA lost patience.
  19. ^"Mergers: Commission approves the merger of Fiat Chrysler Automobiles N.V. and Peugeot S.A., subject to conditions".European Commission (Press release). 21 December 2020.
  20. ^"Fiat Chrysler and Peugeot shareholders vote to merge, creating world's fourth-largest car maker".NBC News. 4 January 2021. Retrieved4 January 2021.
  21. ^Noble, Breana."Stellantis merger to close on Jan. 16 after PSA, FCA shareholders approve".The Detroit News. Retrieved5 January 2021.
  22. ^"The merger of FCA and Groupe PSA has been completed"(PDF). FCA. Retrieved16 January 2021.
  23. ^"Stellantis N.V. (formerly Fiat Chrysler Automobiles N.V.) Annual Report and Form 20-F for the year ended December 31, 2020"(PDF). Stellantis. 4 March 2021. p. 6.
  24. ^abStrong, Michael (24 November 2020)."Fiat Chrysler and PSA Not Exactly a 'Merger of Equals'".The Detroit Bureau.
  25. ^"Stellantis N.V. Company profile".Euronext. Retrieved31 May 2024.
  26. ^Taylor, Michael (17 May 2021)."Stellantis Gives Its Alfa Romeo, Lancia And DS Brands One Last Chance".Forbes.
  27. ^"Stellantis to give each of its 14 car brands 10 years of funding – CEO".Reuters. 14 May 2021.
  28. ^Noble, Breana (13 May 2021)."Stellantis CEO says brands have 10 years to prove their worth".Detroit News.
  29. ^Carson, Sean (20 April 2021)."Stellantis maps out future EV platforms with up to 497 miles of range".Auto Express.
  30. ^Malan, Andrea (18 April 2021)."How Stellantis will speed up its EV transition".Auto News.
  31. ^"Stellantis will halt production at 2 French plants".Automotive News Europe. 23 June 2022. Retrieved25 June 2022.
  32. ^"Automakers Announce Agreements to Improve Supply of Semiconductor Chips".PYMNTS.com. 13 December 2021. Retrieved14 December 2021.
  33. ^"Stellantis, Foxconn form 50–50 JV on semiconductors for auto industry".Reuters. 20 June 2023.
  34. ^Stolyarov, Gleb (15 February 2024)."Exclusive: Russians use Chinese partner to produce Citroën cars at idled Stellantis plant".Reuters. Retrieved15 February 2024.
  35. ^"Stellantis pleads guilty, pays $300M for emissions fraud".Reuters. 25 May 2022.
  36. ^"Share Now: BMW und Mercedes verkaufen Carsharing an Stellantis" [Share Now: BMW and Mercedes sell car sharing to Stellantis].Handelsblatt (in German). 3 May 2022. Archived fromthe original on 3 May 2022. Retrieved3 May 2022.
  37. ^"Share Now: Stellantis übernimmt Carsharing von BMW und Mercedes" [Share Now: Stellantis takes over car sharing from BMW and Mercedes].Manager Magazin (in German). 3 May 2022. Archived fromthe original on 3 May 2022. Retrieved3 May 2022.
  38. ^Hammerschmidt, Christoph (17 November 2022)."Stellantis acquires AI startup aiMotive".EE News Europe. Retrieved17 November 2022.
  39. ^"Stellantis to Become a Strategic Shareholder of Leapmotor with €1.5 Billion Investment and Bolster Leapmotor's Global Electric Vehicle Business".Stellantis (Press release). Retrieved30 October 2023.
  40. ^"Stellantis' Chinese gamble".EV inFocus. 30 October 2023. Retrieved30 October 2023.
  41. ^"With Leapmotor, Stellantis adds '15th brand' to sell low-cost EVs".Automotive News Europe. Archived fromthe original on 3 December 2023. Retrieved26 February 2024.
  42. ^"A traditional automaker just turned a profit on EVs".CNN Business. 15 February 2024. Archived fromthe original on 15 February 2024. Retrieved26 February 2024.
  43. ^Busvine, Douglas (2 December 2024)."Exclusive: 'Radical' targets toppled Tavares at Stellantis, sources say".Reuters.
  44. ^"Stellantis U.S. dealers call out CEO Tavares for 'damaging' brands".Automotive News. 16 August 2024.
  45. ^"Stellantis CEO Carlos Tavares resigns as automaker struggles with declining sales".PBS NewsHour. 10 December 2024.
  46. ^"Stellantis, un trasatlántico sin rumbo que busca capitán en la tormenta del automóvil" [Stellantis, an ocean liner without a rudder looking for a captain in the automobile storm].El País (in Spanish). 26 April 2025.
  47. ^"Jeep Maker Stellantis Brings Back American Classics After CEO Exit".The Wall Street Journal. 12 December 2024.
  48. ^Piovaccari, Giulio (28 May 2025)."Jeep-maker Stellantis names insider to lead revival".Reuters. Retrieved8 July 2025.
  49. ^Ramseth, Luke."Stellantis turnaround plan will prioritize fixing U.S. market, Filosa says".The Detroit News. Retrieved8 July 2025.
  50. ^"Appointment of the Top Executive Team to steer Stellantis".Stellantis. Retrieved19 January 2021.
  51. ^"Christine Feuell will join Stellantis as Chrysler Brand CEO".Stellantis (Press release). 7 September 2021.
  52. ^"Vauxhall History". Retrieved10 March 2021.
  53. ^ab"Fusion PSA-FCA: le conseil d'administration de Stellantis est constitué".BFM TV. 29 September 2020. Retrieved18 July 2023.
  54. ^ab"PSA/FCA : qui sont les membres du nouveau conseil d'administration de Stellantis ?".La Tribune. 29 September 2020. Retrieved18 July 2023.
  55. ^"Catching Up With: Jean-Marc Finot".dailysportscar.com. 7 July 2022. Retrieved27 January 2023.
  56. ^ab"Join Stellantis Motorsport in 2023".Citroën Racing. Retrieved27 January 2023.
  57. ^"Citroën stars confirm WRC2 plans".WRC – World Rally Championship. Retrieved6 February 2023.
  58. ^"Thomas Chevaucher named Director of DS Performance | Stellantis".Stellantis. Retrieved27 January 2023.
  59. ^"TotalEnergies and the Opel e-Rally Cup".TotalEnergies Competition. 28 June 2021. Retrieved27 January 2023.
  60. ^ab"The 208 Rally Cup joins the Stellantis Motorsport Rally Cup".Stellantis. Retrieved27 January 2023.
  61. ^"Legal notice".Citroën Racing (in French). Retrieved6 February 2023.
  62. ^Dart, Frédéric (29 September 2021)."Visite: Peugeot Citroën Opel Racing Shop".Rallyes magazine (in French). Retrieved6 February 2023.
  63. ^"Peugeot Sport".Facebook. Retrieved6 February 2023.
  64. ^Priddle, Alisa (4 March 2022)."Stellantis Outlines 9-Year Strategic Plan Called Dare Forward 2030".MotorTrend. Retrieved18 May 2025.
  65. ^"Electrification".Stellantis. Retrieved5 August 2024.
  66. ^"Stellantis Unveils SUSTAINera: Pioneering Green EV Recycling Hub".Auto World Journal. 24 November 2023. Retrieved18 May 2025.
  67. ^"Building a Better Future with Sustainable Solutions".SUSTAINera. Stellantis. Retrieved18 May 2025.
  68. ^"Stellantis details 'circular economy' business unit to get most use from parts".
  69. ^"PSA Aftermarket acquires used parts business Amanhã Global".
  70. ^"Stellantis & CATL to Build EUR4.1B LFP Battery Plant in Spain".Yahoo. 12 December 2024. Retrieved16 December 2024.

External links

[edit]

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