E25 element 25 limited

Ann: E25 HPMSM project selected for US$166M DoE Grant, page-177

  1. 3,693 Posts.
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    Currently E25 isn't supplying any product to Stellantis or buying anything from Stellantis but they do have Stellantis as a shareholder and have their debt commitment for the HPMSM plant. Given their relative sizes, E25 is most likely not dealing with this departing CEO but with a layer of management several steps down into the Stellantis corporate structure. It may however create either a re-emphasis of the importance of securing a lot of HPMSM or a view to try and stall/back out of commitments.

    https://www.reuters.com/business/autos-transportation/stellantis-ceo-carlos-tavares-resigns-source-2024-12-01/
    Stellantis CEO Carlos Tavares abruptly quits as US Jeep, Ram sales falter | Reuters
 
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