SECRET MEETING – According to when reported by Autonews, the government would be in talks with Stellantis to discuss investments to be allocated to the production in Italy of drums for electric and hybrid cars. According to rumors, in recent days in Rome a meeting would have taken place between the president of Stellantis, John Elkann, the managing director, Carlos Tavares, and Giancarlo Giorgetti, minister of economic development, where he discussed the future of electric mobility in the country. According to rumors, Giorgetti would have sought assurances from the top management of Stellantis on the fact that Italy plays a leading role in the production of vehicles and batteries. At the moment the talks are still in a preliminary phase and the two sides have declined to comment on the matter.
FRANCE PRESS – The question is far from clear, in fact the government of the other side of the Alps (shareholder of Stellantis) press for investments to be made in France. In addition, PSA, prior to the merger with FCA, had already endorsed a € 5 billion joint project with the government-backed French oil giant Total.
ITALY AND THE “GREEN” TURN – But also theItaly wants to be in the game, in fact the government led by Mario Draghi is planning to invest circa 25 billion euros of the Recovery Found of the European Union in new charging infrastructures and electric mobility and to integrate this sum with national funds, for a total investment of over 31 billion euros. The plan, among other things, provides for the renewal of the fleet of public transport vehicles with zero- and low-emission vehicles and to allocate approximately 8.5 billion euros to sustainable mobility, including 21,000 public fast-charging stations.
SOON WE WILL KNOW MORE – Stellantis plans to accelerate the electrical transition and expects the electric and hybrid cars rechargeable batteries account for more than a third of European sales by the middle of the decade. Already this year the Group’s goal is to triple sales of plug-in hybrid and fully electric vehicles to more than 400,000 units. Stellantis will aim to guarantee 250 gigawatt-hours of capacity by the end of the decade battery production. Decisions to develop additional battery factories in Europe and North America could be made as early as this year. The auto company has scheduled an investor briefing on its strategy in this regard for July 8, 2021.
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