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Tesla Superchargers To Open To Stellantis EVs In 2026, Expanding Into Japan, South Korea In 2027 - Stellantis (NYSE:STLA)
Benzinga· 2025-11-19 09:04
Group 1 - Stellantis NV will adopt NACS ports on its EVs, allowing access to Tesla's Supercharger network [1] - Jeep Wagoneer EV and Dodge Charger Daytona customers in North America will have access to the network starting in 2026 [2] - The network will expand to Japan and South Korea in 2027, providing access to over 28,000 Tesla Superchargers across five countries [3] Group 2 - Stellantis issued a recall for over 320,065 units of Grand Cherokee 4Xe and Jeep Wrangler 4Xe due to hybrid battery fire risks [4] - The company plans a $13 billion investment in the U.S. to boost production by 50% and reduce tariff exposure [5] - Stellantis has partnered with Pony AI Inc. to develop level 4 autonomous vans, with initial testing in Luxembourg and expansion planned for 2026 [5]
Weekend Round-Up: Musk's Trillion-Dollar Pay, Ford's F-150 Lightning Dilemma And More
Benzinga· 2025-11-09 14:58
Group 1: Elon Musk's Pay Package - Tesla Inc. investors approved CEO Elon Musk's trillion-dollar pay package with a 75% approval rate, which was praised by industry leaders like Michael Dell as a significant endorsement from shareholders [2]. Group 2: Ford's F-150 Lightning EV Pickup Truck - Ford Motor Co. is considering discontinuing the production of its F-150 Lightning EV Pickup truck due to low demand, despite it being a best-seller. No final decision has been made yet [3]. Group 3: Vehicle Recalls - Toyota Motor Corp. has recalled over 1,024,407 units of various 2022-2026 models in the U.S. due to a software issue affecting the rearview camera [3]. - Stellantis NV has issued a recall for over 320,065 units of the 2022-2026 Grand Cherokee 4Xe and 2020-2025 Jeep Wrangler 4Xe vehicles due to a fire risk [5]. Group 4: Baidu's Apollo Go - Baidu Inc.'s Apollo Go Robotaxi has achieved the same milestone as Waymo, reaching 250,000 rides per week, and has driven over 140 million driverless miles to date [6].
Stellantis Recalls 320K Jeep Grand Cherokee, Wrangler Hybrid Vehicles Over Battery Fire Risk — NHTSA Issues Parking Warning - Stellantis (NYSE:STLA)
Benzinga· 2025-11-05 10:03
Core Insights - Stellantis NV has issued a recall for over 320,065 Jeep Grand Cherokee and Wrangler Plug-In Hybrid vehicles due to a fire risk associated with the high-voltage battery [1][2][3] Recall Details - The recall affects 228,221 units of the 2022-2026 Grand Cherokee 4Xe and 91,844 units of the 2020-2025 Jeep Wrangler 4Xe [2] - The National Highway Traffic Safety Administration (NHTSA) indicated that the high-voltage battery may fail internally, potentially leading to a vehicle fire while parked or driving [3] - Affected vehicles may have battery packs with cells that have separator damage, which could be the cause of the issue [3] Safety Recommendations - NHTSA has advised owners to park the affected vehicles outside in open spaces away from structures and to refrain from charging them until a remedy is available [4] Company Developments - Following the recall announcement, Stellantis emphasized the significance of the U.S. market during its third-quarter earnings call, highlighting a $13 billion investment aimed at boosting production by 50% and reducing tariff exposure [4] - Stellantis has partnered with Pony AI Inc. to develop level 4 autonomous driving vans, with initial testing set to occur in Luxembourg this year and plans for expansion across Europe by 2026 [5] Industry Context - Stellantis' competitor, Ford Motor Co., is currently facing its own recall challenges, with 134 recalls reported. Ford's CEO noted that these recalls represent a significant near-term opportunity for the company [6]