Peugeot

Stellantis and Galloo to Form Joint Venture for End-of-Life Vehicle Recycling

Retrieved on: 
Monday, June 5, 2023
Galloo Island, Peugeot, Recycling, Carbon, ELV, Documentation, Reuse, Security (finance), Stellantis

The Stellantis-Galloo joint venture will work with selected Authorized Treatment Facilities to collect ELVs from the last owner, enabling the recovering of parts for reuse, remanufacturing, and recycling.

Key Points: 
  • The Stellantis-Galloo joint venture will work with selected Authorized Treatment Facilities to collect ELVs from the last owner, enabling the recovering of parts for reuse, remanufacturing, and recycling.
  • The service is expected to launch at the end of 2023 with an initial focus on France, Belgium and Luxembourg, and then expanding across Europe.
  • The joint venture will offer its services to other automakers.
  • The ELV recycling program also supports the Stellantis goal of having 40% green materials in new vehicles by 2030.

Debate: The end of the internal-combustion car: why competition is vital to bringing about cleaner transport

Retrieved on: 
Thursday, June 1, 2023
Zero, Janus, Carbon, European Council, European Council on Foreign Relations, Conversation, IEA, Civil service commission, Face, Geely, Solution, International Energy Agency, Peugeot, Electricity, Research, Fiat, IRA, Sale, Movement, CBAM, Virtue, Future, Intention, Stellantis, Inflation Reduction Act of 2022, European, Carney, Statista, Textbook, Renault, EIB, European Investment Bank, Chrysler, Tesla, CO2, European Commission, TotalEnergies, Automotive industry, Renewable energy, EU, Alpine, Mobilize

Amid all the political back-and-forths, one would be forgiven for asking oneself whether Europe is making any progress with the green transition.

Key Points: 
  • Amid all the political back-and-forths, one would be forgiven for asking oneself whether Europe is making any progress with the green transition.
  • The consequence of such contradictions is a loss of credibility when it comes to achieving its objectives, and a delay in the race toward ecological transition.

A lead to maintain

    • This position is confirmed by foreign investors who find themselves attracted to the bloc’s green policies and regulatory clout.
    • The recent revaluation of the price of a tonne of CO2 above 100 euros suggests that it will be very effective indeed.
    • According to the IEA, Europe spent nearly 350 billion euros on such measures in 2022 - a record high.

Avoiding “the tragedy of the horizon”

    • Power is intended to be supported in part by the profits from the project “Horse”, which involves a joint venture with the Chinese carmaker Geely.
    • These moves demonstrate the decisive role of competition in developing a range of products and services in line with the imperatives of the energy transition.
    • [More than 85,000 readers look to The Conversation France’s newsletter for expert insights into the world’s most pressing issues.

Vulcan and Stellantis in Joint Project to Develop Geothermal Renewable Energy to Supply Mulhouse Plant in France

Retrieved on: 
Wednesday, May 31, 2023
Carbon, Vulcan Energy Resources, 50% & 50%, DLE, Partnership, Climate, Peugeot 308, DS 7 Crossback, Peugeot, PFS, Grand Est, Geothermal energy, Region, Mineral Resources Limited, Lithium, Renewable energy, Stellantis

Based upon current assumptions, the project could provide a significant portion of the industrial site’s annual energy needs starting in 2026.

Key Points: 
  • Based upon current assumptions, the project could provide a significant portion of the industrial site’s annual energy needs starting in 2026.
  • Subject to a successful PFS, Stellantis and Vulcan aim to develop the project jointly on a 50:50 basis.
  • The agreement with Vulcan Energy marks Stellantis’ second potential use of renewable geothermal energy to decarbonize and localize its energy supply at an industrial site.
  • “Vulcan’s core mission is decarbonisation, through renewable energy and carbon neutral lithium supply,” said Vulcan Managing Director and CEO, Dr. Francis Wedin.

Stellantis Electrification Transition in Full Swing with First ACC Battery Gigafactory Inaugurated in France

Retrieved on: 
Tuesday, May 30, 2023
Workforce, ACC, Partnership, Bev, EV, Mercedes-Benz, Peugeot, Carbon, BEV, Battery, Kilowatt-hour, Fiat New 500, Union, Dare, CO2, TotalEnergies, Automotive industry, Electric battery, Rail transport, Stellantis

The gigafactory will contribute to Stellantis’ goal of increasing battery manufacturing capacity to 250 GWh in Europe by 2030 and advance the Company on its mission to offer a comprehensive suite of battery technologies that supports customers’ needs across the entire Stellantis brand portfolio.

Key Points: 
  • The gigafactory will contribute to Stellantis’ goal of increasing battery manufacturing capacity to 250 GWh in Europe by 2030 and advance the Company on its mission to offer a comprehensive suite of battery technologies that supports customers’ needs across the entire Stellantis brand portfolio.
  • Stellantis is securing approximately 400 GWh of capacity by 2030, supported by five gigafactories in Europe and North America and additional supply contracts.
  • Alongside battery production, Stellantis, ACC, the Union of Metallurgies Industries, the state and region are establishing the Battery Training Center of Douvrin as part of its upskilling and reskilling program.
  • Through a 400-hour course, Stellantis employees will acquire new skills in battery manufacturing, helping the Hauts-de-France region compete in a sector that is crucial to the electrification transition.

How electric vehicle batteries could save the UK auto industry

Retrieved on: 
Saturday, May 27, 2023
Referendums related to the European Union, Jaguar Land Rover, Mini, EV, Industry, Nissan, Rover, BYD, Toyota, EVS, Government, Plant, Name, Opinion polling on the United Kingdom rejoining the European Union (2020–present), Allegations of unlawful campaigning in the 2016 EU referendum, Jaguar, Tata, Honda, Tesla, Transport, News, Land Rover, JLR, Automotive industry, Cassette tape, Electric battery, EU, Peugeot, Stellantis, Brexit, Triumph

Jaguar Land Rover (JLR) is expected to build a multi-billion-pound electric vehicle (EV) battery plant in the UK rather than Spain – welcome news for British car makers.

Key Points: 
  • Jaguar Land Rover (JLR) is expected to build a multi-billion-pound electric vehicle (EV) battery plant in the UK rather than Spain – welcome news for British car makers.
  • After decades of decline, this could help turn Britain into a base for battery production, saving its ailing auto sector.
  • This dictates the duty levied on a product based on where it was made, which could add tariffs on UK cars with Asia-made batteries.
  • It’s unlikely that one new battery plant alone will save the UK auto industry, but it’s certainly a step in the right direction.
  • But it’s become harder to make the business case for UK auto manufacturing as the realities of Brexit have set in.

British-made batteries

    • The shift from petrol and diesel engines to batteries is possibly one of the biggest opportunities for the UK to protect what’s left of its auto industry.
    • The batteries used to power EVs are large, expensive and difficult to transport because regulators often class them as hazardous materials making transportation subject to strict regulations.
    • It currently only has the capacity to make enough batteries for 40,000 cars a year.

The road ahead

    • But it seems the UK government hopes to catch up, with the help of the largest “British” car manufacturer JLR (actually owned by Indian group Tata).
    • This is why JLR’s plan to build the largest battery plant in the UK is very welcome news for UK auto manufacturing.
    • This could build on the blueprint British car manufacturing already designed with Japanese automakers in the 1980s.

Stellantis Invests in Lyten's Breakthrough Lithium-sulfur EV Battery Technology

Retrieved on: 
Thursday, May 25, 2023
Lithium, Communication, Landing slot, STLA, Car, Dodge, Opel, Projection, Inflation, Disaster, Lancia, Maserati, Patent, DS Automobiles, Transport, NYSE, EV, Defense, Policy, Alfa Romeo, Nickel, Knowledge, Growth, Chrysler, Cobalt, Safety, Semiconductor, Manganese, Abarth, COVID-19, Peugeot, Multimedia, Carbon, Automotive Energy Supply Corporation, Silicon, Annual report, Natural gas, Polyethylene, Greenhouse, AFM, Battery, Fiat, NMC, Sulfur, Ram, Nature, Inflation Reduction Act of 2022, Health, CO2, Renewable energy, Electric battery, Carbon fibers, Leasi Papali'i Tommy Scanlan, Stellantis

This technology will meet the needs of industries seeking lightweight and energy-dense batteries that are free from supply chain disruptions.

Key Points: 
  • This technology will meet the needs of industries seeking lightweight and energy-dense batteries that are free from supply chain disruptions.
  • Stellantis launched Stellantis Ventures in 2022 as a venture capital fund committed to investing in early and later-stage startup companies developing innovative and sustainable technologies within the automotive and mobility sectors.
  • For press kit: lyten.com/media-kit/
    Established with an initial investment of €300 million, Stellantis Venture is the first Stellantis corporate venture fund.
  • Further information concerning Stellantis and its businesses, including factors that could materially affect Stellantis' financial results, is included in Stellantis' reports and filings with the U.S. Securities and Exchange Commission and AFM.

Safely Aware: Industry-leading V2X Activation Equips 1.8 Million Stellantis Vehicles With Emergency Vehicle Alert System

Retrieved on: 
Tuesday, May 23, 2023
Cloud, Shoulder, Abarth, Safety, STLA, Peugeot, Car, Accident analysis, EVAS, Dodge, Research, Multimedia, Fiat, Opel, BEV, NYSE, ESS, Lancia, Maserati, Crash, LED, SOS, Ram, Alfa Romeo, Weather, HELP, DS Automobiles, Chrysler, Dare, Jeep, Accident Analysis & Prevention, Environment, Software, Video game, Logging, Road transport, Mobile phone, Road, Online shopping, Stellantis, Wesley Leasy, V2X

EVAS alerts come from HAAS Alert's Safety Cloud platform, a vehicle-to-everything (V2X) and digital alerting solution used by thousands of public and private roadway fleets in North America.

Key Points: 
  • EVAS alerts come from HAAS Alert's Safety Cloud platform, a vehicle-to-everything (V2X) and digital alerting solution used by thousands of public and private roadway fleets in North America.
  • In addition to emergency vehicles, Safety Cloud receives and delivers notifications from tow trucks, disabled vehicles, work zones and arrow boards, highway gates and other connected assets and equipment on the road.
  • EVAS alerts, SOS calls and vehicle health reports via the Uconnect app form the foundation employing data from the vehicle to help Stellantis customers.
  • "Technology we offer today helps set the stage for future vehicle innovations," said Mamatha Chamarthi, Stellantis head of global software business management.

EQS-News: Correction of a release from 09/05/2023, 07:30 CET/CEST - Mutares with a strong first quarter 2023 – Significant leap in profit of 21 % in the holding company – Setting the course for further growth

Retrieved on: 
Tuesday, May 9, 2023
Holcim Group, Tier 1, Correction, Peugeot Motocycles, TJ Innova Engineering & Technology, Peugeot, SMP, KICO, Tax, Goods, Automotive industry, Good Service Medal, Gold, Sale, Mahindra & Mahindra, Mutares, EBITDA, Acquisition, Investment, La Rochette, Mahindra, ISIN, Depreciation, Growth, Mobility, Security (finance), Film industry, Real estate, Fine chemical, EUR, Palmia

A significant increase in revenues and a disproportionate improvement in earnings were achieved at both the level of the company (“Mutares Holding”) and the Group (“Mutares Group”).

Key Points: 
  • A significant increase in revenues and a disproportionate improvement in earnings were achieved at both the level of the company (“Mutares Holding”) and the Group (“Mutares Group”).
  • Mutares Holding’s net income for the first quarter increased by 21% from EUR 6.8 million to EUR 8.2 million.
  • This includes already costs of EUR 4.5 million for the successful refinancing of the bond in line with market standards.
  • Mutares generated consolidated revenues of EUR 1,108.0 million at Group level in the first quarter of 2023 (previous year: EUR 852.5 million).

EQS-News: Mutares with a strong first quarter 2023 – Significant leap in profit of 21 % in the holding company – Setting the course for further growth

Retrieved on: 
Tuesday, May 9, 2023
Holcim Group, Tier 1, Peugeot Motocycles, TJ Innova Engineering & Technology, Peugeot, SMP, KICO, Tax, Goods, Automotive industry, Good Service Medal, Gold, Sale, Mahindra & Mahindra, Mutares, EBITDA, Acquisition, Investment, La Rochette, Mahindra, ISIN, Depreciation, Growth, Mobility, Security (finance), Film industry, Real estate, Fine chemical, EUR, Palmia

A significant increase in revenues and a disproportionate improvement in earnings were achieved at both the level of the company (“Mutares Holding”) and the Group (“Mutares Group”).

Key Points: 
  • A significant increase in revenues and a disproportionate improvement in earnings were achieved at both the level of the company (“Mutares Holding”) and the Group (“Mutares Group”).
  • Mutares Holding’s net income for the first quarter increased by 21% from EUR 6.8 million to EUR 8.2 million.
  • This includes already costs of EUR 4.5 million for the successful refinancing of the bond in line with market standards.
  • Mutares generated consolidated revenues of EUR 1,108.0 million at Group level in the first quarter of 2023 (previous year: EUR 852.5 million).

Stellantis Vehicles, Brands Stack Up Awards at 2023 TAWA Auto Roundup

Retrieved on: 
Monday, May 1, 2023
STLA, Car, Alfa Romeo Tonale, Challenger, Opel, SUV, Chrysler Pacifica (minivan), Lancia, Maserati, DS Automobiles, NYSE, Miles per gallon gasoline equivalent, Stelvio Pass, MSRP, Torque, Horsepower, Organization, Best Value, Alfa Romeo, Crossover (automobile), Chrysler, Minivan, Jeep, Abarth, Peugeot, Brotherhood, Cassino, Multimedia, Black ghost, CUV, Engineering, Chrysler Pacifica, Automobili Estrema, Hornet, Canon PowerShot, Dodge Charger, Pacifica, M-1 (Michigan highway), Fiat, Last Call, Eagle, Ram, Alfa Romeo Stelvio, Dodge Hornet, Boilermaker, Ridesharing, Industrial design, Dodge, Wesley Leasy, Stelvio, Lusso

The all-new Dodge Hornet impressed in its TAWA Auto Roundup debut, scoring the Crossover Utility Vehicle (CUV) of Texas title award.

Key Points: 
  • The all-new Dodge Hornet impressed in its TAWA Auto Roundup debut, scoring the Crossover Utility Vehicle (CUV) of Texas title award.
  • Dodge brand claimed a second of the four TAWA Auto Roundup title awards, with the 807-horsepower Dodge Challenger SRT Black Ghost, one of the Dodge brand's "Last Call" special-edition models, taking the prestigious Performance Vehicle of Texas award.
  • The Chrysler brand continued its domination at the TAWA Auto Roundup, with the Chrysler Pacifica plug-in hybrid extending the brand's win streak to seven consecutive years in the Minivan category.
  • "Congratulations to Stellantis for bringing home 2023 TAWA Auto Roundup awards in a number of categories," said Teia Collier, president of TAWA.