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23Jul2021 Pre-Market Commentary: DOW Futures Are Higher This Morning In What Could Be The Fourth Straight Positive Session After Monday's Plunge, DOW Up 195 Points, Nasdaq Up 0.4%, WTI Inches Higher 71.77, US Dollar Up To 92.91, Bitcoin Steady At 32400

23Jul2021 Pre-Market Commentary: DOW Futures Are Higher This Morning In What Could Be The Fourth Straight Positive Session After Monday's Plunge, DOW Up 195 Points, Nasdaq Up 0.4%, WTI Inches Higher 71.77, US Dollar Up To 92.91, Bitcoin Steady At 32400
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Jeep Maker Will Plow $36 Billion Into Electrifying Lineup


Jeep Maker Will Plow $36 Billion Into Electrifying Lineup
Jul 09 2021, 2:16 AM
July 08 2021, 7:24 PM
July 09 2021, 2:16 AM
(Bloomberg) Stellantis NV plans to spend more than 30 billion euros ($36 billion) on an electrification and software strategy that will be pivotal for what’s become one of the world’s largest automakers.
(Bloomberg) Stellantis NV plans to spend more than 30 billion euros ($36 billion) on an electrification and software strategy that will be pivotal for what’s become one of the world’s largest automakers.
The company formed from the merger of Fiat Chrysler and PSA Group intends to source 260 gigawatt-hours of EV batteries from five factories in Europe and North America by 2030. That’s a significant step up in capacity for a group chasing Tesla Inc. in the burgeoning business of electric vehicles. ....

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