Stellantis N.V. - STLA STOCK NEWS

Stellantis has successfully completed its second Employee Share Purchase Plan, 'Shares to Win 2024', with employees subscribing to 9.7 million shares for a total investment of €94.5 million. The program was extended to nearly the entire global workforce, covering over 230,000 employees across 18 countries.

Employees received preferential terms including a 20% discount on the reference share price of €9.74 and a matching contribution of 100% up to €1,000 (equivalent to 102 shares) from Stellantis. Around 15% of eligible employees participated, with an average individual investment of €1,960. The total investment comprises €65.2 million from individual investments and €29.3 million matched by the company.

Stellantis (NYSE: STLA) has announced a strategic shift in its electrification timeline, prioritizing the launch of the range-extended Ram 1500 Ramcharger ahead of the Ram 1500 REV battery-electric pickup. The Ramcharger will be available for orders in H1 2025, while the REV's launch is postponed to 2026.

The 2025 Ramcharger features a 92 kWh battery pack with a 130 kW on-board generator, delivering a targeted range of 690 miles. The vehicle boasts impressive specifications including 663 horsepower, 615+ lb.-ft. torque, 0-60 mph in 4.4 seconds, and class-leading towing capacity of 14,000 pounds. Production will continue at the Sterling Heights Assembly Plant in Michigan.

Stellantis (STLA) announces the return of the TorqueFlite eight-speed automatic transmission option for the 2025 Jeep Wrangler four-door model with 3.6-liter V-6 engine, responding to customer demand. The transmission will be available as a $4,500 option, compatible with all four available 4x4 systems.

The 2025 Wrangler lineup features multiple powertrain options: the standard 3.6L Pentastar V-6 (285 hp, 260 lb-ft), 2.0L turbocharged I-4 (270 hp, 295 lb-ft), 6.4L V-8 HEMI (470 hp, 470 lb-ft), and a plug-in hybrid 4xe variant offering 49 MPGe and 21 miles of all-electric range.

The Ram 1500 has been named MotorTrend's 2025 Truck of the Year, marking its seventh win since Ram became a standalone brand in 2009. The truck excelled in all competition categories, featuring a powerful 3.0-liter Hurricane Straight-Six Turbo engine delivering up to 540 horsepower. The vehicle impressed with its diverse trim levels, from the luxurious Tungsten to the off-road-focused RHO.

The Ram 1500 showcases advanced features including a multi-link independent rear suspension, Uconnect 5 system with a 14.5-inch touchscreen, segment-first 10.25-inch passenger screen, and Level 2+ autonomous driving capabilities. The award follows rigorous testing across performance, handling, and real-world conditions, with the truck excelling in design, engineering, efficiency, safety, value, and functionality.

Stellantis (STLA) and CATL announced a €4.1 billion joint venture to build a lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. The 50-50 partnership aims to start production by end of 2026, with potential capacity reaching up to 50 GWh. The carbon-neutral facility will manufacture batteries for affordable electric vehicles in the B and C segments.

The joint venture strengthens Stellantis' dual-chemistry battery strategy and supports its goal of becoming carbon net zero by 2038. The plant will enhance CATL's European presence, complementing its existing facilities in Germany and Hungary. The transaction is expected to close in 2025, subject to regulatory approvals.

Stellantis has completed its third global Student Awards Program, recognizing over 660 recent graduates from 22 countries with monetary awards. The program, which began in Italy in 1996, has awarded nearly 16,000 students to date. This year's participants submitted essays and designs about future mobility technologies.

The ceremony featured Stellantis Chairman John Elkann and Xavier Chéreau, with 46% of winners applying for the prestigious Sergio Marchionne Award of Excellence. Six regional winners from China, Enlarged Europe, India & Asia Pacific, Middle East & Africa, North America, and South America were selected for this special recognition and offered interview opportunities at Stellantis.

Stellantis (STLA) and Zeta Energy have announced a joint development agreement to create advanced lithium-sulfur EV batteries. The new technology promises significant advantages over current lithium-ion batteries, including:

- 50% faster charging speeds
- Less than half the cost per kWh
- Lighter battery packs with equivalent energy
- Improved range and handling
- Lower CO2 emissions using waste materials and methane
- No need for cobalt, graphite, manganese, or nickel

The collaboration includes pre-production development and future production planning, with batteries targeted to power Stellantis vehicles by 2030, supporting the company's goal of carbon neutrality by 2038 and its plan to offer over 75 battery electric vehicle models.

Stellantis and Zeta Energy have announced a joint development agreement to create advanced lithium-sulfur EV batteries. The new technology promises significant advantages over current lithium-ion batteries, including:

• 50% faster charging capabilities
• Less than half the cost per kWh
• Lighter battery packs with equivalent energy
• Enhanced range and performance

The batteries will be produced using waste materials and methane, resulting in lower CO2 emissions. The technology eliminates the need for cobalt, graphite, manganese, and nickel, while utilizing readily available sulfur. Production is planned to begin by 2030, supporting Stellantis' goal of achieving carbon neutrality by 2038 and its plan to offer over 75 battery electric vehicle models.

Dodge launches its first all-electric vehicle, the Dodge Charger Daytona, with a bold marketing campaign titled 'Save the Planet.' The campaign ironically positions the vehicle as saving the planet from 'soulless' EVs. The two-door Charger Daytona comes in two models: the R/T starting at $59,595 with 496 horsepower, and the Scat Pack starting at $73,190 with 670 horsepower.

The Scat Pack variant runs the quarter-mile in 11.5 seconds and reaches 0-60 mph in 3.3 seconds. Both models feature the patent-pending Fratzonic Chambered Exhaust system, qualify for the full $7,500 federal tax credit when leased, and include either a home Level 2 charging station or $600 charging credits.