Tag: FCA

New 2022 Ferrari Purosangue SUV shown in official teaser pic

Ferrari has confirmed that it will reveal its first SUV later this year, teasing the new car’s front end design on Instagram ahead of its arrival.  Codenamed Purosangue, the SUV’s final name has yet to be revealed but it’s likely to be positioned as a higher-riding, high-performance Ferrari model rather than a two-box SUV. The… Continue reading New 2022 Ferrari Purosangue SUV shown in official teaser pic

German Handelsblatt: Downsizing: “death blow for engineering” – Opel wants to sell old and new company headquarters in Rüsselsheim004047

View of the future factory premises The carmaker’s plans caused dissatisfaction in Rüsselsheim. (Photo: Stellantis) There is hardly an issue on which Opel managers are so unanimous: From their point of view, the company premises in Rüsselsheim are “completely oversized”. In fact, just five years ago, the area that the Hessian carmaker has as its… Continue reading German Handelsblatt: Downsizing: “death blow for engineering” – Opel wants to sell old and new company headquarters in Rüsselsheim004047

@Groupe PSA: PR Stellantis Affirms Commitment to Italy with Automotive Cells Company’s (ACC) Planned Battery Plant Investment003463

AMSTERDAM, March 23, 2022 – Together with its partners, Stellantis supports Automotive Cells Company’s (ACC) growth plans as it intends to transform Stellantis’ existing Termoli plant in Italy to a new battery facility and finalizes the agreement to add Mercedes-Benz as a new, equal partner with TotalEnergies/Saft and Stellantis.The partners have also committed to increase… Continue reading @Groupe PSA: PR Stellantis Affirms Commitment to Italy with Automotive Cells Company’s (ACC) Planned Battery Plant Investment003463

Stellantis plans to build an EV battery plant in the US

Stellantis, the parent company of Dodge, Jeep, and Chrysler, plans to build an electric vehicle battery factory in the US. The news came out of an announcement Wednesday that the automaker would invest $4.1 billion on a new battery facility in Canada, along with South Korea’s LG Energy Solution. The factory in Windsor, Ontario, will… Continue reading Stellantis plans to build an EV battery plant in the US

Stellantis and LG Energy Solution to Invest Over $5 Billion CAD in Joint Venture for First Large-scale Lithium-ion Battery Production Plant in Canada

Stellantis N.V. and LG Energy Solution (LGES) today announced they have executed binding, definitive agreements to establish the first large-scale, domestic, electric-vehicle battery manufacturing facility in Canada. The joint venture company will produce leading edge lithium-ion battery cells and modules to meet a significant portion of Stellantis’ vehicle production requirements in North America. The joint… Continue reading Stellantis and LG Energy Solution to Invest Over $5 Billion CAD in Joint Venture for First Large-scale Lithium-ion Battery Production Plant in Canada

@FCA: Stellantis and LG Energy Solution to Invest Over $5 Billion CAD in Joint Venture for First Large-scale Lithium-ion Battery Production Plant in Canada

March 23, 2022 , Windsor, Ontario – Stellantis N.V. and LG Energy Solution (LGES) today announced they have executed binding, definitive agreements to establish the first large-scale, domestic, electric-vehicle battery manufacturing facility in Canada. The joint venture company will produce leading edge lithium-ion battery cells and modules to meet a significant portion of Stellantis’ vehicle production… Continue reading @FCA: Stellantis and LG Energy Solution to Invest Over $5 Billion CAD in Joint Venture for First Large-scale Lithium-ion Battery Production Plant in Canada

Automotive: ACC, the Franco-German battery pioneer, is ramping up

French and German shareholders, three factories in Douvrin (Nord), Kaiserslautern and now Termoli in Italy… ACC, the battery champion created in August 2020 by PSA and TotalEnergies, is in fact earning the nickname of “Battery Airbus” which the government had attached to it rather hastily. The company is above all in the process of revising… Continue reading Automotive: ACC, the Franco-German battery pioneer, is ramping up

Ferrari Signs Memorandum of Understanding With Mise, Invitalia and the Emilia-Romagna Region.

Maranello22 March 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today signed a Memorandum of Understanding (Protocollo di Intesa) with the Italian Ministry of Economic Development (MISE), Invitalia (the National Agency for Inward Investment and Economic Development S.p.A.) and the Emilia-Romagna Region. According to the Memorandum of Understanding, the Institutions involved will support… Continue reading Ferrari Signs Memorandum of Understanding With Mise, Invitalia and the Emilia-Romagna Region.

Maserati reveals all-electric Grecale SUV coming to market in 2023

Maserati unveiled Tuesday a prototype of its first all-electric vehicle, a midsized crossover called the Grecale that marks the next step in its plan to go fully electric by 2030. The Grecale is slated to debut in two flavors: gas and electric. Gas-engine versions will arrive later this year, while the battery-electric model from Maserati’s… Continue reading Maserati reveals all-electric Grecale SUV coming to market in 2023