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    STLA   NL00150001Q9

STELLANTIS N.V.

(STLA)
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Stellantis N : , TheF Charging team up for EV charging network in Europe

10/19/2021 | 04:39am EST
FILE PHOTO: A Stellantis sign is seen outside company headquarters in Auburn Hills,

(Reuters) - Global automaker Stellantis NV has agreed a partnership with Italian e-mobility startup TheF Charging to create a European public charging network accessible to all electric vehicles, the two companies said on Tuesday.

Under the partnership, the companies will jointly develop quick charging points in over 15,000 locations with 2 million parking spaces across Europe until 2025, they said in a joint statement.

The network, which will reserve exclusive conditions for Stellantis customers, is expected to be operational in 2021, with the first charging stations to be built in Italy.

No financial details were provided.

(Reporting by Federica Urso, editing by Cristina Carlevaro)


ę Reuters 2021
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Analyst Recommendations on STELLANTIS N.V.
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Financials
Sales 2021 148 B 167 B 167 B
Net income 2021 10 310 M 11 673 M 11 673 M
Net cash 2021 14 962 M 16 940 M 16 940 M
P/E ratio 2021 4,71x
Yield 2021 6,07%
Capitalization 49 323 M 55 676 M 55 844 M
EV / Sales 2021 0,23x
EV / Sales 2022 0,18x
Nbr of Employees 204 000
Free-Float 64,7%
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Mean consensus BUY
Number of Analysts 23
Last Close Price 15,93 €
Average target price 23,03 €
Spread / Average Target 44,6%
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Managers and Directors
Carlos Tavares Chief Executive Officer & Executive Director
Richard Keith Palmer Chief Financial Officer
John Jacob Philip Elkann Chairman
Harald J. Wester Chief Engineering Officer
Ned Curic Chief Technology Officer
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