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☆ Ram unveils electric truck concept with seats in the bed
▼ + stars: | 2023-01-05 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +4 min

The Ram 1500 Revolution concept truck, unveiled Thursday at the Consumer Electronics Show in Las Vegas, provides an early look at several features Ram’s future electric truck could have, including a rear passenger cabin wall that folds away, leaving the truck cab fully open into the cargo bed. Designers plan to use the "tuning fork" light design seen inside and outside the Ram Revolution concept in production versions of the truck. The concept truck has doors that open outward from the center with no pillar in the middle. The Ram 1500 Revolution concept has two electric motors, one powering the back wheels and one for the front, giving it all-wheel-drive. The electric Ram truck won’t go on sale until some time in 2024.

☆ Stellantis keeps feet on ground in air taxi punt
▼ + stars: | 2023-01-05 | by ( ) www.reuters.com time to read: +2 min

LONDON, Jan 5 (Reuters Breakingviews) - Pumping $150 million into a loss-making flying-car company looks like an odd use of money for a carmaker. Stellantis (STLA.MI) Chief Executive Carlos Tavares has plenty to worry about already, like a looming recession and growing competition from Chinese giants. Yet the auto group’s deal with $513 million Archer Aviation (ACHR.N) looks like a savvy bet. It also locks in secure funding at a time when public and venture capital investors are increasingly jittery. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Stellantis and Archer team up to manufacture electric aircraft
▼ + stars: | 2023-01-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStellantis and Archer team up to manufacture electric aircraftCNBC’s Phil LeBeau sits down with Stellantis CEO Carlos Tavares and Archer CEO Adam Goldstein to discuss their partnership to manufacture Archer’s flagship electric vertical take-off and landing (eVTOL) aircraft, Midnight.

☆ Stellantis beefs up commitment to electric flying vehicle company Archer Aviation
▼ + stars: | 2023-01-04 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +1 min

The Chrysler maker is doubling down on its commitment to help Archer Aviation produce its first batch of electric flying vehicles by 2025, announced Stellantis CEO Carlos Tavares and Archer CEO Adam Goldstein in an interview on CNBC's Tech Check. Fiat Chrysler, Stellantis' predecessor, initially partnered with Archer in 2021 to get the startup's flying vehicles off the ground, providing access to a streamlined supply chain, engineering and material resources. Wednesday's announcement deepens Stellantis' investment in the potentially trillion dollar electric vertical takeoff and landing, or eVTOL, market. Archer expects that its electric flying cars will be available for commercial use by 2025, granted it receives proper certification from the Federal Aviation Administration. Stellantis, which was created by the merger of Fiat Chrysler and PSA Groupe, has already spent billions developing electric vehicles through brands like Jeep, Ram, Dodge and Chrysler.

☆ NHL roundup: Alex Tuch, Sabres knock off Bruins in OT
▼ + stars: | 2023-01-01 | by ( ) www.reuters.com time to read: +9 min

Ukko-Pekka Luukkonen made 37 saves for Buffalo, facing 11 shots in the second period and 19 more in the third. Nic Dowd had a goal and an assist, while Dylan Strome, Anthony Mantha and Garnet Hathaway also scored. Emil Bemstrom and Kirill Marchenko also scored for the Blue Jackets in the comeback victory over the NHL's last-place team. They netted goals three times in the second, including Alex Killorn's go-ahead breakaway goal for a 4-3 lead. Stamkos scored his 498th career goal and had an assist, and Brayden Point notched a goal and a helper.

☆ NHL roundup: Connor McDavid extends point streak to 16 in Oilers' win
▼ + stars: | 2022-12-28 | by ( ) www.reuters.com time to read: +6 min

December 28 - Connor McDavid scored the winning goal in the third period to run his point-scoring streak to 16 games and lead the visiting Edmonton Oilers to an entertaining 2-1 victory over the Calgary Flames on Tuesday. Ilya Sorokin made 20 saves as the Islanders won their second straight -- their first winning streak since a four-game run Nov. 21-26. Los Angeles goalie Pheonix Copley made 23 saves to extend his personal win streak to five games. New York lost for the second time in three games following a seven-game winning streak. Evan Rodrigues and Mikko Rantanen also scored while Alexandar Georgiev made 27 saves for the Avalanche, whose four-game winning streak ended.

☆ 'Coup-mongering' Bolsonarista's battle cry reveals a radicalized Brazil
▼ + stars: | 2022-12-28 | by ( Gabriel Stargardter | ) www.reuters.com time to read: +9 min

Lots of people realized this wasn't a safe place," said Lucas Mello, a 22-year-old TikToker who has lived in the camp since Dec. 5. Three days after the riots, Moraes released Baldin, sent him home with an ankle bracelet, and barred him from talking to the media. "The heavily violent (protests) ... occurred in exactly the same context that motivated the temporary arrest of Milton Baldin," Moraes wrote in his sealed ruling. Bolsonaristas deride Moraes as an unelected despot who has censored free speech and trampled on the president's executive power. On Dec. 9, Bolsonaro broke weeks of post-election silence with an ambiguous message many viewed as encouragement to his protesting supporters.

☆ Stellantis in talks to buy 'substantial' stake in hydrogen mobility company Symbio
▼ + stars: | 2022-12-23 | by ( ) www.reuters.com time to read: +1 min

MILAN, Dec 23 (Reuters) - Stellantis (STLA.MI) has entered exclusive talks with France's Faurecia (EPED.PA) and Michelin (MICP.PA) to buy a "substantial" stake in their Symbio joint venture, a fuel cell system maker for hydrogen mobility, the three companies said on Friday. Stellantis, the world third-largest carmaker, launched hydrogen-powered mid-size vans late last year and aims to expand its hydrogen offer to large vans in Europe in 2024 and in the U.S. in 2025, "while further exploring opportunities for heavy-duty trucks". Stellantis entry "will accelerate and globalize Symbio's growth," Faurecia's CEO Patrick Koller said. The transaction, for which no financial details were provided, is expected to be finalised in the first half on next year, the three companies said in their statement. Reporting by Giulio Piovaccari, Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

☆ I asked ChatGPT to do my work and write an Insider article for me. It quickly generated an alarmingly convincing article filled with misinformation.
▼ + stars: | 2022-12-19 | by ( Samantha Delouya | ) www.businessinsider.com time to read: +4 min

I asked ChatGPT, a new AI chatbot from OpenAI, to do my work and write a news article. So when I heard about ChatGPT, a language model developed by OpenAI, I was eager to give it a try." Despite its impressive language capabilities, ChatGPT struggled with understanding context and nuance, leading to some awkward and sometimes outright incorrect responses." - ChatGPTI asked ChatGPT to write a headline for this piece. It responded, "Trying ChatGPT for Writing: The Pros and Cons of Using a Language Model for Journalism."

☆ Jeep Maker Stellantis Downshifts Ambitions in China
▼ + stars: | 2022-12-17 | by ( Ryan Felton | ) www.wsj.com time to read: 1 min

When he took over Jeep maker Stellantis NV nearly two years ago, Chief Executive Carlos Tavares made it among his top priorities to jump-start the auto maker’s China business. Now, he is scaling back those ambitions. Stellantis, which was formed through the merger of France’s PSA Group and Fiat Chrysler Automobiles NV in January 2021, had given priority to efforts to boost its relatively meager sales in China. Mr. Tavares said shortly after the merger that Stellantis would remain in the country long term and would devise a strategy to become successful in the world’s largest car market by vehicle sales.

☆ Stellantis to idle Illinois plant, lay off more than 1,000 workers, citing rising costs for EVs
▼ + stars: | 2022-12-11 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —Stellantis is shuttering its Illinois plant in February resulting in indefinite layoffs for 1,350 employees, the company said in a statement, citing increasing costs in the electric vehicle market. The European carmaker said it will “idle” the assembly plant in Belvidere, Illinois on February 23 and said the layoffs are expected to exceed six months. The group’s president Ray Curry said it is “unacceptable” Stellantis isn’t allocating new products to the plant. In October, the company said its joint venture producing Jeep vehicles in China is filing for bankruptcy. Last July, Stellantis made a $35.5 billion commitment to electric vehicles by the end of 2025 to expand its portfolio.

☆ Manhunt underway after couple killed at Massachusetts home in apparent targeted attack, officials say
▼ + stars: | 2022-12-02 | by ( Chantal Da Silva | Chantal Da Silva Is A Breaking News Editor For Nbc News Digital Based In London. | ) www.nbcnews.com time to read: +2 min

A manhunt is underway in Massachusetts after a married couple were stabbed and “bludgeoned to death in their home” in Marshfield, a town about 30 miles southeast of Boston, officials said Wednesday. "Keeley was acquainted with the Mattsons," Cruz said of the 27-year-old, who officials said also goes by the nickname "Crispy." The Massachusetts State Police Detective Unit assigned to the Plymouth County District Attorney's Office launched an investigation into the incident after being contacted by the Marshfield Police Department. Detectives developed probable cause and identified Keeley as a person of interest in the double homicide, the district attorney’s office said. The State Office of the Chief Medical Examiner is investigating the cause and manner of the victims' deaths.

Some elements of the Jeep joint venture's failure are particular to Stellantis - and the former car groups that feature among its 14 brands. But data compiled for Reuters by consultancy LMC Automotive expose a problem shared by a number of other global carmakers: plummeting Chinese plant usage. Reuters GraphicsThe Jeep failure in China happened less than two years after Stellantis was formed by the merger of PSA and Fiat Chrysler. "Chinese companies actually have an early mover advantage because they embraced electrification faster than the foreign companies were willing to," he added. While fully-electric cars make up an average of 5% of models foreign carmakers sell in China, they account for 30% of Chinese carmakers' models, according to LMC data.

☆ Stellantis looks to India for affordable EVs for Europe
▼ + stars: | 2022-11-24 | by ( Aditi Shah | ) www.reuters.com time to read: +3 min

NEW DELHI, Nov 24 (Reuters) - Fiat parent Stellantis (STLA.MI) has concluded it can't currently make affordable electric vehicles (EVs) in Europe and is looking at lower-cost manufacturing in markets such as India, its chief executive told reporters. "So far, Europe is unable to make affordable EVs. Stellantis is investing heavily in EVs and plans to produce dozens in the coming decade, but Tavares warned last month that affordable battery EVs were between five and six years away. The power that is best placed to leverage this opportunity is obviously India," Tavares said. The carmaker plans to launch its first EV in India - an electric model of its Citroen C3 compact car - early next year.

☆ Stellantis looks to India for affordable EVs for Europe amid competition from China
▼ + stars: | 2022-11-24 | by ( Aditi Shah | ) www.reuters.com time to read: +3 min

NEW DELHI, Nov 24 (Reuters) - Fiat parent Stellantis (STLA.MI) has concluded it can't currently make affordable electric vehicles in Europe and is looking at lower-cost manufacturing in markets such as India, its chief executive told reporters. "So far, Europe is unable to make affordable EVs. The power that is best placed to leverage this opportunity is obviously India," Tavares said. Stellantis already makes its own electric motors and battery packs, and also has plans to make battery cells. In India, too, Tavares wants to locally procure EV components, including batteries so it can be competitive on cost and price.

☆ NHL roundup: Devils dump Habs for 10th straight win
▼ + stars: | 2022-11-16 | by ( ) www.reuters.com time to read: +6 min

Jonathan Marchessault and Jack Eichel scored for the Golden Knights, who took their second straight loss following a nine-game winning streak. Boone Jenner added two goals and Eric Robinson contributed one goal and one assist for the Blue Jackets. Canucks 5, Sabres 4Bo Horvat notched a goal and two assists as Vancouver ended a three-game losing streak with a win in Buffalo. Predators 2, Wild 1Matt Duchene had a goal and an assist for Nashville in a win against visiting Minnesota. Dylan Strome and John Carlson scored for the Capitals, who got 38 saves from Darcy Kuemper.

☆ Stellantis strikes deal with Infineon to secure silicon carbide chips
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Nov 14 (Reuters) - Global carmaker Stellantis (STLA.MI) has signed a non-binding memorandum of understanding (MoU) with German chipmaker Infineon (IFXGn.DE) for a multi-year supply of silicon carbide semiconductors, Infineon said in a statement on Monday. According to the agreement, Infineon will reserve production capacity and supply the power semiconductors directly to Stellantis suppliers in the second half of the 2020s. Well over 1 billion euros' ($1.03 billion) worth of chips could be involved, said Infineon, adding that the chips would be meant for electric vehicles under the Stellantis brands. Chip shortages over the past couple of years have forced global automakers to scrap production plans for millions of cars. ($1 = 0.9696 euros)Reporting by Christina Amann; Writing by Miranda Murray; Editing by Jan HarveyOur Standards: The Thomson Reuters Trust Principles.

☆ Putin won't attend the G20 in person, sending his foreign minister instead
▼ + stars: | 2022-11-10 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +2 min

Putin said he won't go to the G20 in person, though he may give a speech by video, officials said. Foreign Minister Sergei Lavrov will lead the Russian delegation in Bali, Russia said. While Foreign Minister Sergei Lavrov will lead the Russian delegation in person, Putin may give a speech by video at the event being held in Bali later this month, state-owned news agency TASS reported. Unlike Russia, Ukraine is not a member of the G20 group of nations, but has been invited by host nation Indonesia. Zelenskyy later said that he will attend the summit, likely via video link-up, Ukrainian state broadcaster Suspilne reported on Tuesday.

☆ NHL roundup: Red Wings rally to edge Rangers in OT
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: +3 min

[1/5] Nov 6, 2022; New York, New York, USA; Detroit Red Wings left wing Dominik Kubalik (81) skates down ice on a breakaway in the third period against the New York Rangers at Madison Square Garden. Detroit won its third straight when Kubalik waited at the right side of the net for a pass from David Perron and tipped in the puck past goaltender Jaroslav Halak. Officials briefly reviewed the play to see if the Red Wings were offsides and did not change the call, allowing Detroit to end its three-game road losing streak. Matt Luff and Pius Suter scored in the second period for Detroit, which also beat Washington and the New York Islanders before Sunday. The Ducks entered allowing an NHL-high 478 shots on goal -- and have yielded at least 44 in four straight games.

☆ Zelenskyy says he'll boycott the G20 summit if Putin goes
▼ + stars: | 2022-11-04 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +2 min

Zelenskyy said he won't go to the G20 summit if Putin goes, according to Ukrainian media. Both Zelenskyy and Putin are invited, though neither has committed to attending. Unlike Russia, Ukraine is not a member of the G20 group of nations, whose next meeting is scheduled for November 14 and 15 in Bali, Indonesia. But Indonesia's ambassador to Russia, Jose Tavares, told Russian state-run news agency TASS in October that Putin was still invited. "Even if other countries would put pressure on us, we have our own position," Tavares said.

☆ Stellantis Jeep joint venture in China to file for bankruptcy
▼ + stars: | 2022-10-31 | by ( ) www.reuters.com time to read: +4 min

GAC (601238.SS), which approved the bankruptcy filing, said the joint venture had liabilities of almost 111% of its assets of 7.3 billion yuan ($1.00 billion). In the following days, GAC criticised Stellantis and said it was "deeply shocked" by comments from the European carmaker about the end of their joint venture in China. He said then he did not see a major long-term impact from the company's decision to break the joint venture. The former AMC invested in a Beijing Jeep joint venture in 1984, the first such deal for vehicle production in China by an American brand. Tesla (TSLA.O) is the only global automaker that was granted a waiver to produce cars in China without a joint venture.

☆ Stellantis says Jeep joint venture in China to file for bankruptcy
▼ + stars: | 2022-10-31 | by ( ) www.reuters.com time to read: +3 min

Oct 31 (Reuters) - The venture between Stellantis and Guangzhou Automobile Group producing Jeep vehicles in China is filing for bankruptcy, Stellantis said on Monday, after a lengthy decline for the oldest foreign auto brand in the world's largest market. read moreIn the following days, GAC hit out at Stellantis, saying that it was "deeply shocked" by critical comments from Stellantis about the end of their joint venture in China. read moreSales for the joint venture, which sold the Jeep Cherokee SUV and the Compass crossover, have been in sharp decline for the past four years. He also added that he did not see a major long-term impact from the company's decision to break the joint venture with GAC. The former AMC invested in a Beijing Jeep joint venture in 1984, the first such joint venture deal for vehicle production in China by an American brand.

☆ Stellantis' Jeep joint venture partner in China to file for bankruptcy
▼ + stars: | 2022-10-31 | by ( ) www.reuters.com time to read: +1 min

Oct 31 (Reuters) - Stellantis (STLA.MI) said that shareholders of its loss-making joint venture producing Jeep vehicles in China have approved it to file for bankruptcy. Stellantis had terminated the joint venture with Guangzhou Automobile Group Co (GAC) (601238.SS) in July, only months after it said it would raise its stake in the business to 75% from 50%. read moreIn the following days, GAC hit out at Stellantis, saying that it was "deeply shocked" by critical comments from Stellantis about the end of their joint venture in China. He also added that he did not see a major long-term impact from the company's decision to break the joint venture with GAC. Reporting by Juby Babu in Bengaluru; Editing by Kim Coghill and Rashmi AichOur Standards: The Thomson Reuters Trust Principles.

☆ NHL roundup: Christian Dvorak's hat trick carries Canadiens to victory
▼ + stars: | 2022-10-30 | by ( ) www.reuters.com time to read: +8 min

Mandatory Credit: Jeff Curry-USA TODAY SportsOctober 30 - Christian Dvorak scored a third-period hat trick as the visiting Montreal Canadiens rallied past the St. Louis Blues 7-4 on Saturday night. Rangers 6, Stars 3Zac Jones scored the tiebreaking goal in the third period to help New York notch a victory over host Dallas. Red Wings 2, Wild 1Lucas Raymond scored his first two goals of the season and host Detroit downed the Wild. Capitals 3, Predators 0Darcy Kuemper made 34 saves for his first shutout of the season and visiting Washington defeated Nashville. Mikael Backlund scored a short-handed goal, and Brett Ritchie also scored for Calgary, which had a two-game winning streak snapped.

☆ NHL roundup: Lightning topple Islanders again
▼ + stars: | 2022-10-23 | by ( ) www.reuters.com time to read: +8 min

The Lightning, who beat the host Florida Panthers 3-2 in overtime Friday, improved to 8-2 in their past 10 games against the Islanders. Devils 2, Sharks 1Yegor Sharangovich and Dawson Mercer scored second-period goals to lead New Jersey to a victory over visiting San Jose. The Blues controlled the first eight minutes of the game and scored the game's first goal on a power play. Avalanche 3, Golden Knights 2Nathan MacKinnon, Valeri Nichushkin and Evan Rodrigues scored goals, and visiting Colorado beat Vegas. He also became the first defenseman in NHL history to begin a season with a five-game goal streak.

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