Shulou(Shulou.com)11/24 Report--

CTOnews.com news on November 1, the European automotive giant Stellantis Group announced today that from today, Olivier (Gr é goire Olivier) will serve as the general head and executive vice president of the "Stellantis Group-Zero Technology Strategic Alliance Office" of the Stellantis Group, which is the newly established intra-group organization of Stellantis.

Olivier will report to Carlos Tavares, the global CEO of Stellantis Group. At the same time, Olivier will also serve as a director of Zero running Technology Co., Ltd. (hereinafter referred to as "Zero Motor"). Olivier will ensure the efficient promotion and implementation of the strategic partnership between Stellantis and Zero, including the establishment of a sales joint venture and the coordination of projects such as Zero's use of Stellantis Group's global distribution channels.

Douglas Ostermann will succeed Olivier as Chief operating Officer of Stellantis Group in China and report to Tang Weishi, Global CEO of Stellantis Group, effective today. At the same time, Douglas will also serve as a director of Zero Technology Co., Ltd.

Prior to this appointment, Douglas held the position of Chief Financial Officer of the Stellantis Group in China and Senior Vice President of Strategic Planning for the China market.

Tang Weishi, global CEO of Stellantis Group, said: "in order to ensure the perfect implementation of our recently announced Zero car strategic cooperation project and the continued expansion of the Group's other business in China, we have decided to adjust the group's management structure in China. We will rely on these two experienced senior managers to improve the group's overall business performance in China. Over the past two years, Olli and Douglas have worked closely together to build a new strategy for Stellantis Group in China and open up a new path for our business development. I believe they will inject new impetus into their new roles. "

According to previous reports from CTOnews.com, Stellantis Group plans to invest about 1.5 billion euros (currently about 11.655 billion yuan) to acquire a 20 per cent stake in Zero Motor, which will make Stellantis Group a major shareholder of Zero Motor.

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