Dare

Stellantis Announces €5.6 Billion Investment in South America, Marking the Largest Investment in the Region’s Automotive Industry

Retrieved on: 
Wednesday, March 6, 2024

“This announcement solidifies our trust and commitment in the future of the South American automotive industry and is a response to the favorable business environment here,” said Stellantis CEO Carlos Tavares.

Key Points: 
  • “This announcement solidifies our trust and commitment in the future of the South American automotive industry and is a response to the favorable business environment here,” said Stellantis CEO Carlos Tavares.
  • The Stellantis facility in Betim, Brazil is the Company’s global center of expertise for Bio-Hybrid technology, continuing its legacy of innovation.
  • Stellantis is the leader in the three main markets in South America: Brazil, Argentina, and Chile.
  • With this investment, Stellantis will be increasingly prepared to design, develop, and produce modern cars in the region, while also expanding its business.

IICF Philanthropic Roundtable Gathers Insurance Leaders for Discussions on Charitable Giving, Impact of Global Initiatives

Retrieved on: 
Thursday, February 22, 2024

LOS ANGELES, Feb. 22, 2024 /PRNewswire-PRWeb/ -- The Insurance Industry Charitable Foundation (IICF), a nonprofit organization dedicated to helping communities and enriching lives, hosted the 2024 IICF Philanthropic Roundtable today, gathering leaders from twenty-five major insurance organizations for a series of presentations on charitable giving and volunteerism in the insurance industry and initiatives focused on philanthropy, inclusion and sustainability topics. During the 2024 Philanthropic Roundtable, IICF also released the 2023 IICF Philanthropic Showcase, an annual retrospective of global charitable contributions, volunteer projects and innovative leadership initiatives of IICF Key Partner Companies. Please view the 2023 IICF Philanthropic Showcase here.

Key Points: 
  • During the 2024 Philanthropic Roundtable, IICF also released the 2023 IICF Philanthropic Showcase , an annual retrospective of global charitable contributions, volunteer projects and innovative leadership initiatives of IICF Key Partner Companies.
  • Kaufman Group, CNA, Ernst & Young LLP (EY US), Intact Insurance Specialty Solutions, Marsh, Munich Re US P&C Companies and Verisk presented at this unique event for philanthropic knowledge sharing.
  • "Each year, IICF is proud to bring together this extraordinary group of insurance industry leaders for the IICF Philanthropic Roundtable, and even more so in 2024 as we celebrate IICF's 30th anniversary and the industry's legacy of giving," said Bill Ross, CEO of IICF.
  • IICF also made several announcements at this year's Roundtable on 2024 initiatives, including:
    IICF's 30th Anniversary Celebration: IICF is celebrating thirty years of impact and the insurance industry's legacy of giving by raising funds for children struggling with hunger.

Stellantis Increasing Production of Electric Drive Modules to Support Growth in Electrification Portfolio

Retrieved on: 
Monday, February 12, 2024

Further, the Mirafiori complex in Italy is increasing production of next-generation electrified dual-clutch transmissions (eDCTs) in 2024 for Stellantis hybrid and plug-in hybrid vehicles.

Key Points: 
  • Further, the Mirafiori complex in Italy is increasing production of next-generation electrified dual-clutch transmissions (eDCTs) in 2024 for Stellantis hybrid and plug-in hybrid vehicles.
  • “Bringing production of electric drive modules to Szentgotthard to support our transformation towards electrification is another important part of our goal to provide customers with clean, safe and affordable mobility,” said Arnaud Deboeuf, Stellantis Chief Manufacturing Officer.
  • “Now, traditional propulsion will be manufactured next to electric drive module production.
  • Stellantis employees will undergo upskilling training to support the machining and assembly requirements of EDM production.

Style, Speed and Sophistication in Motion: Get Ready to Take a Seat in the All-new, All-electric Jeep® Wagoneer S

Retrieved on: 
Thursday, January 18, 2024

Meet the all-new, all-electric premium Jeep Wagoneer S, which will be sold in the U.S. in the fall of 2024 and then in key markets around the world.

Key Points: 
  • Meet the all-new, all-electric premium Jeep Wagoneer S, which will be sold in the U.S. in the fall of 2024 and then in key markets around the world.
  • Driven by aerodynamic efficiency, its sleek exterior design is uniquely marked by a reimagined LED-lit class-exclusive seven-slot Jeep brand grille.
  • The new Jeep Wagoneer S is part of the Jeep brand's ongoing global electrification initiative that is transforming 4xe into the new 4x4 in pursuit of the brand's vision of accomplishing Zero Emission Freedom.
  • The plan is in full support of the net zero carbon emissions targets set by Stellantis during the Dare Forward 2030 long-term strategic plan.

Stellantis Ventures Invests in Tiamat and Affordable Sodium-Ion Battery Technology

Retrieved on: 
Friday, January 12, 2024

Investment in Tiamat supports Stellantis mission for clean, safe and affordable mobility with a wide portfolio of battery chemistries

Key Points: 
  • Investment in Tiamat supports Stellantis mission for clean, safe and affordable mobility with a wide portfolio of battery chemistries
    Sodium-ion battery chemistry holds promise of lower costs, increased sustainability, better low-temperature performances and faster charging capability
    AMSTERDAM, January 12, 2024 – Stellantis Ventures, the corporate venture fund of Stellantis N.V., today announced its participation as a strategic investor in Tiamat, a France-based company that is developing and commercializing sodium-ion battery technology.
  • Tiamat was one of 11 top-performing technology start-ups honored with a Stellantis Ventures Award in 2023 , and is the first company in the world to have recently commercialized a sodium-ion technology in an electrified product.
  • The investment supports Stellantis’ mission to provide clean, safe and affordable mobility to customers around the world.
  • Sodium-ion technology holds the promise of a more cost-effective energy storage compared with today’s widely used lithium-ion battery technology.

Stellantis, BlackBerry QNX and AWS Launch Virtual Cockpit, Transforming In-Vehicle Software Engineering

Retrieved on: 
Tuesday, January 9, 2024

The new platform uses the QNX® Hypervisor in the cloud from BlackBerry , which is now on early access release via AWS Marketplace within the QNX Accelerate portfolio of cloud-based tools.

Key Points: 
  • The new platform uses the QNX® Hypervisor in the cloud from BlackBerry , which is now on early access release via AWS Marketplace within the QNX Accelerate portfolio of cloud-based tools.
  • Accessing QNX Hypervisor via AWS Marketplace enables Stellantis to include a virtual cockpit high-performance computing (HPC) simulation into a cloud environment.
  • “Software is becoming increasingly crucial in vehicles, leading us to innovate in how we develop and validate it,” said Yves Bonnefont, Chief Software Officer at Stellantis.
  • BlackBerry QNX launched QNX Accelerate in January 2023 with its portfolio initially featuring QNX® Neutrino® RTOS 7.1 and the QNX® OS for Safety 2.2.3, each provided as Amazon Machine Images allowing QNX customers to run a QNX OS natively on AWS cloud hardware.

Stellantis, BlackBerry QNX and AWS Launch Virtual Cockpit, Transforming In-Vehicle Software Engineering

Retrieved on: 
Tuesday, January 9, 2024

The new platform uses the QNX® Hypervisor in the cloud from BlackBerry , which is now on early access release via AWS Marketplace within the QNX Accelerate portfolio of cloud-based tools.

Key Points: 
  • The new platform uses the QNX® Hypervisor in the cloud from BlackBerry , which is now on early access release via AWS Marketplace within the QNX Accelerate portfolio of cloud-based tools.
  • Accessing QNX Hypervisor via AWS Marketplace enables Stellantis to include a virtual cockpit high-performance computing (HPC) simulation into a cloud environment.
  • In 2022, Stellantis selected AWS as its preferred cloud provider for vehicle platforms and the companies began work on Stellantis' purpose-built, in-house VEW.
  • BlackBerry QNX launched QNX Accelerate in January 2023 with its portfolio initially featuring QNX® Neutrino® RTOS 7.1 and the QNX® OS for Safety 2.2.3, each provided as Amazon Machine Images allowing QNX customers to run a QNX OS natively on AWS cloud hardware.

Stellantis and Ample Establish Partnership to Leverage Ample’s Modular Battery Swapping Technology for Use in Stellantis Electric Vehicles

Retrieved on: 
Thursday, December 7, 2023

The two partners have agreed to work toward integrating Ample’s Modular Battery Swapping solution in Stellantis electric vehicles.

Key Points: 
  • The two partners have agreed to work toward integrating Ample’s Modular Battery Swapping solution in Stellantis electric vehicles.
  • Battery swapping technology allows an EV customer who stops at a battery swapping station to have its depleted EV battery swapped out for a fully charged battery in a matter of minutes.
  • The two companies are also in discussions regarding the expansion of the application of Ample’s Modular Battery Swapping Technology to meet Stellantis fleet and consumer demand across other Stellantis platforms and geographies.
  • Ample batteries are designed to be a drop-in replacement for an electric vehicle’s original battery.

Stellantis Inaugurates its First Circular Economy Hub in Turin, Italy

Retrieved on: 
Thursday, November 23, 2023

Circular Economy Hub in Turin, Italy

Key Points: 
  • Circular Economy Hub in Turin, Italy
    Located at Stellantis’ Mirafiori Complex, the SUSTAINera Circular Economy Hub starts up with engine, gearbox, and high-voltage EV battery remanufacturing, vehicle reconditioning and dismantling, with additional activities to be added
    With an investment of €40 million, the Circular Economy Hub targets to employ 550 people by 2025
    AMSTERDAM, November 23, 2023 – Stellantis N.V. today celebrated the official opening of its SUSTAINera Circular Economy Hub (CE Hub) at the Mirafiori Complex in Turin, Italy.
  • The primary objectives of the state-of-the-art Circular Economy Hub are to extend the life of parts and vehicles, ensuring that they last for as long as possible.
  • The opening of the Circular Economy Hub in the Mirafiori Complex, in addition to the recently announced Battery Technology Center, reinforces Stellantis’ commitment to Italy and its workforce there.
  • “The Circular Economy Hub brings together a powerhouse of skills and activities aimed at creating a high-performing center of excellence in Europe,” said Stellantis CEO Carlos Tavares.

Stellantis and CATL Sign Strategic MoU for the Local Supply of LFP Batteries for European Market

Retrieved on: 
Tuesday, November 21, 2023

To further support Stellantis’ aggressive electrification strategy, the two companies are considering the possibility to form a joint venture with equivalent contributions.

Key Points: 
  • To further support Stellantis’ aggressive electrification strategy, the two companies are considering the possibility to form a joint venture with equivalent contributions.
  • The MoU outlines a long-term collaboration between CATL and Stellantis on two strategic fronts: building a bold technology roadmap to support Stellantis’ cutting-edge battery electric vehicles and identifying opportunities to further strengthen the battery value chain.
  • “This MoU with CATL on LFP battery chemistry is another ingredient in our long-term strategy to protect freedom of mobility for the European middle class,” said Stellantis CEO Carlos Tavares.
  • Stellantis is assembling a roster of partnerships to ensure a stable, low-carbon supply of key materials for its electrified future.