Previous close | 0.7000 |
Open | 0.7000 |
Bid | 0.5500 |
Ask | 0.6500 |
Strike | 27.00 |
Expiry date | 2024-12-20 |
Day's range | 0.7000 - 0.7000 |
Contract range | N/A |
Volume | |
Open interest | 261 |
The transition to electric vehicles (EVs) would impose a "significant burden" on auto suppliers, Stellantis CEO Carlos Tavares said on Wednesday as Western automakers race to cut costs and compete with Chinese peers. Tavares said the challenge for automakers was to sell EVs, whose production costs are 40% to 50% higher, at the same price as equivalent petrol models. Tavares, the head of a company whose brands include Fiat and Peugeot, said the EV transition was being held back by affordability, with customers reluctant to buy expensive EVs unless supported by governments through incentives.
MILAN (Reuters) -Fiat owner Stellantis said on Monday it would build a hybrid version of its 500e small electric car at its Mirafiori plant in Turin, Italy, amid a slowdown in electric car sales. The announcement came after Stellantis CEO Carlos Tavares met in Turin with union representatives who had long been asking the company to boost production at Fiat's historic home with a new high-volume, cheaper model.
Texan and entrepreneur Glynn Bloomquist, one of the 33 passionate owners of the new Alfa Romeo 33 Stradale, recently visited the Alfa Romeo History Museum in Arese for an immersive brand experience