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Search Results Found For: "Stellantis"

Stellantis expands relationship with lithium producer Vulcan Energy

Stellantis has made a new equity investment of €50 million in lithium producer Vulcan Energy Resources, and extended its original binding offtake agreement to 10 years. Vulcan will apply some of the new funding to a planned expansion of production at its Upper Rhine Valley Brine Field. Vulcan is already producing geothermal energy at the… Read more »

Stellantis and Samsung SDI form JV to build battery plant in Indiana

Stellantis and Samsung SDI have agreed to establish an EV battery manufacturing facility in Kokomo, Indiana. Construction is scheduled to begin later this year, and the plant is expected to go into production in 2025 with an initial annual capacity of 23 GWh, which is slated to increase to 33 GWh over “the next few… Read more »

LG Energy Solution and Stellantis to build battery manufacturing plant in Windsor, Ontario

A joint venture between battery-builder LG Energy Solution and automaker Stellantis will invest more than $5 billion Canadian ($4.1 billion US) to build an EV battery manufacturing plant in Windsor, Ontario, just across from Detroit. The battery facility will have an annual production capacity of 45 GWh, which will supply Stellantis plants in the North… Read more »

Stellantis to display several new EVs at CES in January

Stellantis, which manufactures cars under no less than 14 separate brands, will be showing off several new plug-in models at CES 2022 in Las Vegas, on January 5-8. “Electrification, with our 30 electrified models available including fuel cell vans, connectivity and autonomy are all important facets of [the] future, but each cannot stand alone,” said… Read more »

Stellantis and Foxconn to design and build chips for new STLA Brain product line

Automaker Stellantis and electronics manufacturer Foxconn are teaming up to design and produce purpose-built semiconductors for the automotive industry. “With Foxconn, we aim to create four new families of chips that will cover over 80% of our semiconductor needs, helping to significantly modernize our components, reduce complexity, and simplify the supply chain,” said Stellantis CEO… Read more »

Stellantis signs lithium supply agreement with Vulcan Energy

The Stellantis Group has signed a binding agreement with lithium producer Vulcan Energy to supply battery-grade lithium hydroxide in Europe for the automaker’s electrified vehicles. Vulcan will supply Stellantis with between 81,000 and 99,000 metric tons of lithium hydroxide over the five-year term of the agreement. Shipments are to begin in 2026. The Vulcan supply… Read more »

Stellantis and Factorial Energy team up to develop solid-state batteries

Stellantis and Massachusetts-based solid-state battery developer Factorial Energy have signed a joint development agreement to advance Factorial’s high-voltage solid-state battery technology. The agreement also includes a strategic investment from Stellantis.  Factorial says its solid-state batteries offer 20 to 50 percent more range and increased safety, at the same cost as conventional lithium-ion batteries. The company’s… Read more »

Stellantis shifts production to EVs amid semiconductor shortage

It’s said that a crisis tends to accelerate changes that were already on the way, and we’re hoping that’s the case when it comes to the global semiconductor shortage. Stellantis, the multinational conglomerate made up of no less than 14 American, Italian and French auto brands, is now prioritizing the production of EVs over legacy… Read more »

Stellantis and LG Energy Solution to build battery factory for North American EV market

Stellantis and LG Energy Solution have agreed to form a joint venture that will produce battery cells and modules for North America at a new production facility. The companies are obviously fans of EV journalist John Voelcker, who praised Ford and GM for announcing new battery facilities in a recent Car and Driver article, and… Read more »

New reports analyze US electric truck market and global off-highway EV market

Research and Markets has released a pair of reports that examine the two segments of the commercial EV market. The company’s “U.S. Electric Truck Market Research Report” analyzes the current e-truck market, offers profiles of key players, and makes some forecasts for the future. R and M expects revenue from the US electric truck market… Read more »