:STLA

Stellantis (STLA) Signs Memorandum Of Understanding With CATL For LFP Battery Supply – November 22, 2023

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Stellantis (STLA – Free Report) has entered into a binding agreement with Contemporary Amperex Technology Co. (CATL) to localize the supply of lithium iron phosphate (“LFP”) batteries and cells that power the automaker’s electricity. have entered into a Memorandum of Understanding (“MoU”). Production of motor vehicles (“EVs”) in Europe. To… Source: www.zacks.com

3 Auto Stocks With Consistent Returns

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The U.S. auto industry has made a remarkable comeback, driven by improving economic conditions and pent-up demand from consumers who resisted buying cars during the pandemic. So fundamentally sound auto stocks AB Volvo (publ) (VLVLY), REV Group, Inc. (REVG), and Stellantis NV (STLA) may be wise… Source: stocknews.com