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Oct. 13, 2025 | First Brands CEO resigns amid bankruptcy; De-Leon Energy CEO Shmuel De-Leon
First Brands founder Patrick James has stepped down as the auto parts maker advances its Chapter 11 bankruptcy process. Price hikes loom as tariffs erode profits. Plus, Shmuel De-Leon, CEO of Israeli battery consulting firm De-Leon Energy, talks about the safety and performance benefits of solid-state batteries in electric vehicles.
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By Automotive News
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First Brands founder Patrick James has stepped down as the auto parts maker advances its Chapter 11 bankruptcy process. Price hikes loom as tariffs erode profits. Plus, Shmuel De-Leon, CEO of Israeli battery consulting firm De-Leon Energy, talks about the safety and performance benefits of solid-state batteries in electric vehicles.
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