Rising EV manufacturer Stellantis has partnered with Uber to make a play for electric vehicle market in France.
Stellantis N.V. is partnering with popular mobility as a service provider Uber (NYSE: UBER), to take on the electric vehicle market in France. According to a joint presentation between both platforms, car rental service provider Free2Move will also be part of that deal.
What We Know So Far about the Tesla-Uber Electric Vehicle Deal in France
Pursuant to the partnership, Free2Move would facilitate Uber’s plans to convert 50% of its vehicle fleet in France to electric vehicles. Furthermore, producing and selling more electric and hybrid cars is also an integral part of Stellantis’ agenda. Back in March, Carlos Tavares, who serves as CEO of the automotive manufacturing corporation, set forth the company’s plan. According to him, Stellantis seeks to double its overall revenues to 300 billion euros, or $288.8 billion, a year by 2030. In addition, the Amsterdam-based multinational also intends to keep its profit margins high. It projects to achieve this amid the rollout of electric versions of its cars, which include Jeep SUVs and RAM pickup trucks.
In all, Stellantis projects to have 75 battery electric vehicle models on the market in eight years. In addition, the automotive manufacturer hopes to be selling 5 million of those vehicles a year by 2030. Suggesting Stellantis’ ability to meet all set sales targets, Tavares рече во тоа време:
„Горди сме што сме наследен производител на автомобили. Да се биде наследен производител на автомобили ја покажува нашата способност да дизајнираме и произведуваме безбедни производи во обем“.
However, like several major automakers, the company faces sizable challenges in transforming its traditional combustion engines to zero-emission. This may be why Stellantis is partnering with Uber to tap into the ride-hailing service’s France electric vehicle agenda.
A Potential Tussle with Tesla for Market Share
As Stellantis continues to make headway in its electric vehicle mission, the company could also potentially compete with Тесла (NASDAQ: TSLA). The Елон Musk-led perennial industry leader is at varying stages of revolutionary breakthroughs in the broader tech space. For instance, Tesla looks to launch its full self-driving (FSD) cars across the United States and Europe by the end of the year. In addition, the Texas-based company also has its sights set on a line of autonomous humanoid robots. Referred to as Optimus Robots, these technological offerings will reportedly be able to function in a host of environments and situations. These include Tesla’s car manufacturing plants as well as private domiciliary locations.
However, amid the audacity of its robot line, Tesla is also facing close scrutiny and skepticism regarding the robots’ functionality. According to some, robots have to be capable of performing tasks beyond the scope of run-of-the-mill obligations. As Nancy Cooke, a professor in human systems engineering at Arizona State University, says, the Optimus robots must be different. In her own words:
„Ако тој само го натера роботот да оди наоколу или ги натера роботите да танцуваат, тоа е веќе направено. Тоа не е толку импресивно“.
Cooke however said if the robots prove to be efficient, then that could boost Tesla’s stock.
Толу е ентузијаст за криптовалентност и блокчејн со седиште во Лагос. Тој сака да ги демистифицира крипто-приказните до голите основи, така што секој каде било може да разбере без премногу знаење во позадина.
Кога тој не е длабок во вратот во крипто приказните, Толу ужива во музиката, сака да пее и е страствен movieубител на филмови.
Source: https://www.coinspeaker.com/stellantis-uber-electric-vehicles-france/