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Stellantis CEO Carlos Tavares Resigns

File photo - Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies, John Elkann, Stellantis Chairman, and Carlos Tavares, CEO of Stellantis, attend the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau-Douvrin, northern France, May 30, 2023. Stellantis Chief Executive Carlos Tavares resigned abruptly on Sunday, two months after a profit warning at the maker of Jeep, Fiat and Peugeot cars that has lost around 40% of its value this year. The company said it would seek to find a replacement CEO in the first half of 2025. Senior Independent Director Henri de Castries said in a statement that different views emerged in recent weeks among major shareholders, the board and Tavares resulting in the CEO's resignation. Photo by Raphael Lafargue/ABACAPRESS.COM

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Stellantis CEO Carlos Tavares Resigns

File photo - Yann Vincent, CEO of ACC, Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies, John Elkann, Stellantis Chairman, and Carlos Tavares, CEO of Stellantis, attend the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau-Douvrin, northern France, May 30, 2023. Stellantis Chief Executive Carlos Tavares resigned abruptly on Sunday, two months after a profit warning at the maker of Jeep, Fiat and Peugeot cars that has lost around 40% of its value this year. The company said it would seek to find a replacement CEO in the first half of 2025. Senior Independent Director Henri de Castries said in a statement that different views emerged in recent weeks among major shareholders, the board and Tavares resulting in the CEO's resignation. Photo by Raphael Lafargue/ABACAPRESS.COM

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Stellantis CEO Carlos Tavares Resigns

File photo - John Elkann, Stellantis Chairman and Carlos Tavares, CEO of Stellantis arrive at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Stellantis Chief Executive Carlos Tavares resigned abruptly on Sunday, two months after a profit warning at the maker of Jeep, Fiat and Peugeot cars that has lost around 40% of its value this year. The company said it would seek to find a replacement CEO in the first half of 2025. Senior Independent Director Henri de Castries said in a statement that different views emerged in recent weeks among major shareholders, the board and Tavares resulting in the CEO's resignation. Photo by Raphael Lafargue/ABACAPRESS.COM

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Stellantis CEO Carlos Tavares Resigns

File photo - Carlos Tavares, General Manager of Stellantis at the Inauguration of Symbio factory gigafactory in Saint Fons near Lyon, France on December 5, 2023. Stellantis Chief Executive Carlos Tavares resigned abruptly on Sunday, two months after a profit warning at the maker of Jeep, Fiat and Peugeot cars that has lost around 40% of its value this year. The company said it would seek to find a replacement CEO in the first half of 2025. Senior Independent Director Henri de Castries said in a statement that different views emerged in recent weeks among major shareholders, the board and Tavares resulting in the CEO's resignation. Photo by Julien Reynaud/APS-Medias/ABACAPRESS.COM

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Tesla Shanghai Energy Storage Gigafactory Construction

SHANGHAI, CHINA - JULY 6, 2024 - The construction site of Tesla Shanghai Energy Storage Gigafactory is seen in Shanghai, China, July 6, 2024. On May 23, 2024, Tesla's first energy storage super factory outside the United States fully started construction, is expected to be put into production in the first quarter of 2025, after the production of super-large energy storage battery Megapack will be up to 10,000 units.

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Tesla Shanghai Energy Storage Gigafactory Construction

SHANGHAI, CHINA - JULY 6, 2024 - The construction site of Tesla Shanghai Energy Storage Gigafactory is seen in Shanghai, China, July 6, 2024. On May 23, 2024, Tesla's first energy storage super factory outside the United States fully started construction, is expected to be put into production in the first quarter of 2025, after the production of super-large energy storage battery Megapack will be up to 10,000 units.

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Tesla Shanghai Energy Storage Gigafactory Construction

SHANGHAI, CHINA - JULY 6, 2024 - The construction site of Tesla Shanghai Energy Storage Gigafactory is seen in Shanghai, China, July 6, 2024. On May 23, 2024, Tesla's first energy storage super factory outside the United States fully started construction, is expected to be put into production in the first quarter of 2025, after the production of super-large energy storage battery Megapack will be up to 10,000 units.

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Tesla Shanghai Energy Storage Gigafactory Construction

SHANGHAI, CHINA - JULY 6, 2024 - The construction site of Tesla Shanghai Energy Storage Gigafactory is seen in Shanghai, China, July 6, 2024. On May 23, 2024, Tesla's first energy storage super factory outside the United States fully started construction, is expected to be put into production in the first quarter of 2025, after the production of super-large energy storage battery Megapack will be up to 10,000 units.

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Tesla Shanghai Energy Storage Gigafactory Construction

SHANGHAI, CHINA - JULY 6, 2024 - The construction site of Tesla Shanghai Energy Storage Gigafactory is seen in Shanghai, China, July 6, 2024. On May 23, 2024, Tesla's first energy storage super factory outside the United States fully started construction, is expected to be put into production in the first quarter of 2025, after the production of super-large energy storage battery Megapack will be up to 10,000 units.

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Tesla Shanghai Energy Storage Gigafactory Construction

SHANGHAI, CHINA - JULY 6, 2024 - The construction site of Tesla Shanghai Energy Storage Gigafactory is seen in Shanghai, China, July 6, 2024. On May 23, 2024, Tesla's first energy storage super factory outside the United States fully started construction, is expected to be put into production in the first quarter of 2025, after the production of super-large energy storage battery Megapack will be up to 10,000 units.

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Tesla Shanghai Energy Storage Gigafactory Construction

SHANGHAI, CHINA - JULY 6, 2024 - The construction site of Tesla Shanghai Energy Storage Gigafactory is seen in Shanghai, China, July 6, 2024. On May 23, 2024, Tesla's first energy storage super factory outside the United States fully started construction, is expected to be put into production in the first quarter of 2025, after the production of super-large energy storage battery Megapack will be up to 10,000 units.

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Tesla Shanghai Energy Storage Gigafactory Construction

SHANGHAI, CHINA - JULY 6, 2024 - The construction site of Tesla Shanghai Energy Storage Gigafactory is seen in Shanghai, China, July 6, 2024. On May 23, 2024, Tesla's first energy storage super factory outside the United States fully started construction, is expected to be put into production in the first quarter of 2025, after the production of super-large energy storage battery Megapack will be up to 10,000 units.

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Tesla Shanghai Energy Storage Gigafactory Construction

SHANGHAI, CHINA - JULY 6, 2024 - The construction site of Tesla Shanghai Energy Storage Gigafactory is seen in Shanghai, China, July 6, 2024. On May 23, 2024, Tesla's first energy storage super factory outside the United States fully started construction, is expected to be put into production in the first quarter of 2025, after the production of super-large energy storage battery Megapack will be up to 10,000 units.

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Tesla Shanghai Energy Storage Gigafactory Construction

SHANGHAI, CHINA - JULY 6, 2024 - The construction site of Tesla Shanghai Energy Storage Gigafactory is seen in Shanghai, China, July 6, 2024. On May 23, 2024, Tesla's first energy storage super factory outside the United States fully started construction, is expected to be put into production in the first quarter of 2025, after the production of super-large energy storage battery Megapack will be up to 10,000 units.

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Tesla Shanghai Energy Storage Gigafactory Construction

SHANGHAI, CHINA - JULY 6, 2024 - The construction site of Tesla Shanghai Energy Storage Gigafactory is seen in Shanghai, China, July 6, 2024. On May 23, 2024, Tesla's first energy storage super factory outside the United States fully started construction, is expected to be put into production in the first quarter of 2025, after the production of super-large energy storage battery Megapack will be up to 10,000 units.

E

Tesla Shanghai Energy Storage Gigafactory Construction

SHANGHAI, CHINA - JULY 6, 2024 - The construction site of Tesla Shanghai Energy Storage Gigafactory is seen in Shanghai, China, July 6, 2024. On May 23, 2024, Tesla's first energy storage super factory outside the United States fully started construction, is expected to be put into production in the first quarter of 2025, after the production of super-large energy storage battery Megapack will be up to 10,000 units.

E

Tesla Shanghai Energy Storage Gigafactory Construction

SHANGHAI, CHINA - JULY 6, 2024 - The construction site of Tesla Shanghai Energy Storage Gigafactory is seen in Shanghai, China, July 6, 2024. On May 23, 2024, Tesla's first energy storage super factory outside the United States fully started construction, is expected to be put into production in the first quarter of 2025, after the production of super-large energy storage battery Megapack will be up to 10,000 units.

E

Tesla Shanghai Energy Storage Gigafactory Construction

SHANGHAI, CHINA - JULY 6, 2024 - The construction site of Tesla Shanghai Energy Storage Gigafactory is seen in Shanghai, China, July 6, 2024. On May 23, 2024, Tesla's first energy storage super factory outside the United States fully started construction, is expected to be put into production in the first quarter of 2025, after the production of super-large energy storage battery Megapack will be up to 10,000 units.

E

Tesla Shanghai Energy Storage Gigafactory Construction

SHANGHAI, CHINA - JULY 6, 2024 - The construction site of Tesla Shanghai Energy Storage Gigafactory is seen in Shanghai, China, July 6, 2024. On May 23, 2024, Tesla's first energy storage super factory outside the United States fully started construction, is expected to be put into production in the first quarter of 2025, after the production of super-large energy storage battery Megapack will be up to 10,000 units.

E

Tesla Shanghai Energy Storage Gigafactory Construction

SHANGHAI, CHINA - JULY 6, 2024 - The construction site of Tesla Shanghai Energy Storage Gigafactory is seen in Shanghai, China, July 6, 2024. On May 23, 2024, Tesla's first energy storage super factory outside the United States fully started construction, is expected to be put into production in the first quarter of 2025, after the production of super-large energy storage battery Megapack will be up to 10,000 units.

E

Tesla Shanghai Energy Storage Gigafactory Construction

SHANGHAI, CHINA - JULY 6, 2024 - The construction site of Tesla Shanghai Energy Storage Gigafactory is seen in Shanghai, China, July 6, 2024. On May 23, 2024, Tesla's first energy storage super factory outside the United States fully started construction, is expected to be put into production in the first quarter of 2025, after the production of super-large energy storage battery Megapack will be up to 10,000 units.

E

Tesla Shanghai Energy Storage Gigafactory Construction

SHANGHAI, CHINA - JULY 6, 2024 - The construction site of Tesla Shanghai Energy Storage Gigafactory is seen in Shanghai, China, July 6, 2024. On May 23, 2024, Tesla's first energy storage super factory outside the United States fully started construction, is expected to be put into production in the first quarter of 2025, after the production of super-large energy storage battery Megapack will be up to 10,000 units.

E

Tesla Shanghai Energy Storage Gigafactory Construction

SHANGHAI, CHINA - JULY 6, 2024 - The construction site of Tesla Shanghai Energy Storage Gigafactory is seen in Shanghai, China, July 6, 2024. On May 23, 2024, Tesla's first energy storage super factory outside the United States fully started construction, is expected to be put into production in the first quarter of 2025, after the production of super-large energy storage battery Megapack will be up to 10,000 units.

E

Tesla Shanghai Energy Storage Gigafactory Construction

SHANGHAI, CHINA - JULY 6, 2024 - The construction site of Tesla Shanghai Energy Storage Gigafactory is seen in Shanghai, China, July 6, 2024. On May 23, 2024, Tesla's first energy storage super factory outside the United States fully started construction, is expected to be put into production in the first quarter of 2025, after the production of super-large energy storage battery Megapack will be up to 10,000 units.

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Xinhua Headlines: EU bent on imposing protectionist duties on Chinese EVs despite looming lose-lose implications

(240613) -- BRUSSELS, June 13, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Employees work at Tesla's Shanghai Gigafactory in east China's Shanghai, Dec. 22, 2023. Photo by Xinhua/ABACAPRESS.COM/Fang Zhe)

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Xinhua Headlines: EU bent on imposing protectionist duties on Chinese EVs despite looming lose-lose implications

(240613) -- BRUSSELS, June 13, 2024 (Xinhua) -- Employees work at Tesla's Shanghai Gigafactory in east China's Shanghai, Dec. 22, 2023. (Xinhua/Fang Zhe)

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Signing ceremony for the financing of the Verkor Gigafactory in Paris FA

This photograph shows a a Verkor dummy cell during the signing ceremony for the financing of the Verkor Gigafactory at Hotel de Matignon in Paris on May 24, 2024. Photo by Firas Abdullah/ABACAPRESS.COM

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Signing ceremony for the financing of the Verkor Gigafactory in Paris FA

This photograph shows a a Verkor dummy cell during the signing ceremony for the financing of the Verkor Gigafactory at Hotel de Matignon in Paris on May 24, 2024. Photo by Firas Abdullah/ABACAPRESS.COM

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Signing ceremony for the financing of the Verkor Gigafactory in Paris FA

Verkor CEO Benoit Lemaignan signs the financing agreement during the ceremony for the financing of the Verkor Gigafactory at Hotel de Matignon in Paris on May 24, 2024. Photo by Firas Abdullah/ABACAPRESS.COM

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Signing ceremony for the financing of the Verkor Gigafactory in Paris FA

This photograph shows a a Verkor dummy cell during the signing ceremony for the financing of the Verkor Gigafactory at Hotel de Matignon in Paris on May 24, 2024. Photo by Firas Abdullah/ABACAPRESS.COM

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Signing ceremony for the financing of the Verkor Gigafactory in Paris FA

French Deputy Minister for Industry and Energy Roland Lescure (L) poses with businessmen after signing the financing agreement during the ceremony for the financing of the Verkor Gigafactory at Hotel de Matignon in Paris on May 24, 2024. Photo by Firas Abdullah/ABACAPRESS.COM

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Signing ceremony for the financing of the Verkor Gigafactory in Paris FA

French Deputy Minister for Industry and Energy Roland Lescure (L) poses with businessmen after signing the financing agreement during the ceremony for the financing of the Verkor Gigafactory at Hotel de Matignon in Paris on May 24, 2024. Photo by Firas Abdullah/ABACAPRESS.COM

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Signing ceremony for the financing of the Verkor Gigafactory in Paris FA

Co-Director of BGCSI at Societe Generale, Anne-Christine Champion signs the financing agreement during the ceremony for the financing of the Verkor Gigafactory at Hotel de Matignon in Paris on May 24, 2024. Photo by Firas Abdullah/ABACAPRESS.COM

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Signing ceremony for the financing of the Verkor Gigafactory in Paris FA

Verkor CEO Benoit Lemaignan signs the financing agreement during the ceremony for the financing of the Verkor Gigafactory at Hotel de Matignon in Paris on May 24, 2024. Photo by Firas Abdullah/ABACAPRESS.COM

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Signing ceremony for the financing of the Verkor Gigafactory in Paris FA

This photograph shows a a Verkor dummy cell during the signing ceremony for the financing of the Verkor Gigafactory at Hotel de Matignon in Paris on May 24, 2024. Photo by Firas Abdullah/ABACAPRESS.COM

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Signing ceremony for the financing of the Verkor Gigafactory in Paris FA

Co-Director of BGCSI at Societe Generale, Anne-Christine Champion signs the financing agreement during the ceremony for the financing of the Verkor Gigafactory at Hotel de Matignon in Paris on May 24, 2024. Photo by Firas Abdullah/ABACAPRESS.COM

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Signing ceremony for the financing of the Verkor Gigafactory in Paris FA

French Deputy Minister for Industry and Energy Roland Lescure signs the financing agreement during the ceremony for the financing of the Verkor Gigafactory at Hotel de Matignon in Paris on May 24, 2024. Photo by Firas Abdullah/ABACAPRESS.COM

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Signing ceremony for the financing of the Verkor Gigafactory in Paris FA

French Deputy Minister for Industry and Energy Roland Lescure (L) shakes head with Verkor CEO Benoit Lemaignan during the signing ceremony for the financing of the Verkor Gigafactory at Hotel de Matignon in Paris on May 24, 2024. Photo by Firas Abdullah/ABACAPRESS.COM

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Signing ceremony for the financing of the Verkor Gigafactory in Paris FA

Vice-President of the European Investment Bank, Ambroise Fayolle signs the financing agreement during the ceremony for the financing of the Verkor Gigafactory at Hotel de Matignon in Paris on May 24, 2024. Photo by Firas Abdullah/ABACAPRESS.COM

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Signing ceremony for the financing of the Verkor Gigafactory in Paris FA

Chief Executive Officer of Caisse des Depots Eric Lombard signs the financing agreement during the ceremony for the financing of the Verkor Gigafactory at Hotel de Matignon in Paris on May 24, 2024. Photo by Firas Abdullah/ABACAPRESS.COM

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Signing ceremony for the financing of the Verkor Gigafactory in Paris FA

Vice-President of the European Investment Bank, Ambroise Fayolle signs the financing agreement during the ceremony for the financing of the Verkor Gigafactory at Hotel de Matignon in Paris on May 24, 2024. Photo by Firas Abdullah/ABACAPRESS.COM

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Signing ceremony for the financing of the Verkor Gigafactory in Paris FA

Chief Executive Officer of Caisse des Depots Eric Lombard signs the financing agreement during the ceremony for the financing of the Verkor Gigafactory at Hotel de Matignon in Paris on May 24, 2024. Photo by Firas Abdullah/ABACAPRESS.COM

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Signing ceremony for the financing of the Verkor Gigafactory in Paris FA

Chief Executive Officer of Caisse des Depots Eric Lombard signs the financing agreement during the ceremony for the financing of the Verkor Gigafactory at Hotel de Matignon in Paris on May 24, 2024. Photo by Firas Abdullah/ABACAPRESS.COM

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Signing ceremony for the financing of the Verkor Gigafactory in Paris FA

French Deputy Minister for Industry and Energy Roland Lescure signs the financing agreement during the ceremony for the financing of the Verkor Gigafactory at Hotel de Matignon in Paris on May 24, 2024. Photo by Firas Abdullah/ABACAPRESS.COM

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Signing ceremony for the financing of the Verkor Gigafactory in Paris FA

French Deputy Minister for Industry and Energy Roland Lescure delivers a speech during the signing ceremony for the financing of the Verkor Gigafactory at Hotel de Matignon in Paris on May 24, 2024. Photo by Firas Abdullah/ABACAPRESS.COM

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Signing ceremony for the financing of the Verkor Gigafactory in Paris FA

French Deputy Minister for Industry and Energy Roland Lescure signs the financing agreement during the ceremony for the financing of the Verkor Gigafactory at Hotel de Matignon in Paris on May 24, 2024. Photo by Firas Abdullah/ABACAPRESS.COM

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Signing ceremony for the financing of the Verkor Gigafactory in Paris FA

French Deputy Minister for Industry and Energy Roland Lescure delivers a speech during the signing ceremony for the financing of the Verkor Gigafactory at Hotel de Matignon in Paris on May 24, 2024. Photo by Firas Abdullah/ABACAPRESS.COM

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Signing ceremony for the financing of the Verkor Gigafactory in Paris FA

French Deputy Minister for Industry and Energy Roland Lescure delivers a speech during the signing ceremony for the financing of the Verkor Gigafactory at Hotel de Matignon in Paris on May 24, 2024. Photo by Firas Abdullah/ABACAPRESS.COM

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Signing ceremony for the financing of the Verkor Gigafactory in Paris FA

Chief Executive Officer of Caisse des Depots Eric Lombard (L) looks on next to Co-Director of BGCSI at Societe Generale, Anne-Christine Champion during the signing ceremony for the financing of the Verkor Gigafactory at Hotel de Matignon in Paris on May 24, 2024. Photo by Firas Abdullah/ABACAPRESS.COM

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Signing ceremony for the financing of the Verkor Gigafactory in Paris FA

French Deputy Minister for Industry and Energy Roland Lescure delivers a speech during the signing ceremony for the financing of the Verkor Gigafactory at Hotel de Matignon in Paris on May 24, 2024. Photo by Firas Abdullah/ABACAPRESS.COM