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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessStellantis Weighing Potential Multi- Billion Investment For EV Push
- Stellantis NV is considering renovating a plant in Mexico to build hybrid and electric vehicles as it transforms its lineup to meet surging demand for battery-powered transport.
- The company is also evaluating the possibility of instead investing in Mexico state, where it also has a plant in the city of Toluca, or in Sonora state, although Saltillo is the front-runner in terms of potential sites, one of the people said.
- The investment would be in the multibillion-dollar range and would occur over the coming years, the person said.
- President AMLO, Finance Minister Rogelio Ramirez de la O and Economy Minister Tatiana Clouthier met with Stellantis executives including Chief Executive Officer Carlos Tavares on July 20 to discuss electric vehicles and the desire to strengthen the company’s supply chain in Mexico, Clouthier said at the time. (Bloomberg)
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.