|Bid||12.26 x 1800|
|Ask||0.00 x 36100|
|Day's Range||12.63 - 12.86|
|52 Week Range||12.56 - 21.99|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||2.70|
|Forward Dividend & Yield||1.09 (8.61%)|
|Ex-Dividend Date||Apr 19, 2022|
|1y Target Est||25.52|
A proposed flat-rate tax on lithium produced in California's Salton Sea region will delay deliveries of the electric vehicle battery metal to General Motors Co and Stellantis NV and may push some mining companies to exit the state entirely, industry executives told Reuters. The brewing tension comes as America's largest state is trying to position itself as a leader in the green energy revolution and as supplies of lithium have failed to match surging demand amid the push to phase out gasoline-powered vehicles. Eric Spomer, chief executive of privately held EnergySource Minerals LLC, told Reuters his company has halted discussions with potential financiers and a major automaker he declined to identify while California's legislature debates the tax.
Transformation in Action: Trémery-Metz Powertrain Plants in France Support Stellantis’ Electrified Portfolio More than €2 billion has been invested in the French manufacturing footprint since 2018Together with its two JV partners, €150 million has been invested to date in the Trémery-Metz facilities for the latest upgradesTrémery-Metz upgrades strengthen Stellantis’ powertrain manufacturing capability in battery electric and hybrid vehiclesInvestments in Trémery-Metz embody Stellantis’ capabilit
TREMERY (Reuters) -World No. 4 carmaker Stellantis said on Wednesday it will speed up electric motor production at its factory in Tremery, France, long the world's largest diesel engine plant, to account for 50% of the facility's capacity by 2024. By 2024, diesel engines will make up only 30% of installed capacity. Gasoline engines, also used for hybrid electric vehicles, will make up 20% of capacity.