BEV

Stellantis Delivers Record Net Revenues, Net Profit, Industrial Free Cash Flows for Full Year 2023

Retrieved on: 
Thursday, February 15, 2024

AMSTERDAM, February 15, 2024 - Stellantis N.V. today reported record full year 2023 results.

Key Points: 
  • AMSTERDAM, February 15, 2024 - Stellantis N.V. today reported record full year 2023 results.
  • Net revenues grew 6% y-o-y to €189.5 billion, Net profit rose 11% to €18.6 billion, and Industrial free cash flows increased 19% y-o-y to €12.9 billion.
  • Stellantis reduced its scope 1 and 2 absolute emissions tCO2 by 20% in 2023 vs Baseline 2021.
  • In 2023, Stellantis Ventures invested in six new startups, and Stellantis signed 49 commercial contracts with new startups.

Fiat 500e Named 2024 Urban Green Car of the Year by Green Car Journal

Retrieved on: 
Wednesday, February 14, 2024

All-new Fiat 500e, Stellantis' first BEV offering in North America, awarded 2024 Urban Green Car of the Year by Green Car Journal

Key Points: 
  • All-new Fiat 500e, Stellantis' first BEV offering in North America, awarded 2024 Urban Green Car of the Year by Green Car Journal
    At just over 3,000 pounds, the Fiat 500e is the lightest passenger BEV in the segment
    Pricing for all-new 2024 Fiat 500e starts at $32,500, customers choosing to lease the Fiat 500e can take advantage of a $7,500 federal EV tax credit
    Green Car Journal has named the Fiat 500e 2024 Urban Green Car of the Year.
  • Green Car Journal editors noted the compelling combination of efficiency, affordability, style and zero-emission motoring with a cool Italian vibe.
  • "FIAT's new 500e is innately appealing with its compact form, Italian fashion sense, and zero emission driving," said Ron Cogan, Editor and Publisher of Green Car Journal and GreenCarJournal.com.
  • In early 2024, FIAT brand will launch the Fiat 500e , the first Stellantis retail battery-electric vehicle offering in North America and the best-selling city EV in Europe.

Chrysler Halcyon Concept Pushes Innovative Boundaries, Offers Forward-looking Vision of Brand's All-electric Future

Retrieved on: 
Tuesday, February 13, 2024

"The Chrysler Halcyon Concept creates a level of serenity that fully represents the Halcyon name.

Key Points: 
  • "The Chrysler Halcyon Concept creates a level of serenity that fully represents the Halcyon name.
  • The Chrysler Halcyon Concept is the latest in a steady progression of futuristic concepts representing the brand's electrification transformation.
  • Previously, the brand revealed the Chrysler Portal Concept in 2017, the Chrysler Airflow Concept in 2022 and the Chrysler Synthesis Cockpit Demonstrator in 2023.
  • The Chrysler Halcyon Concept, designed on the STLA Large platform, offers an aerodynamic, streamlined and uncompromising vision of the Chrysler brand's future exterior character.

EV Battery Pack Cooling System Market Analysis 2023-2033 - Enhancing the Driving Range of Electric Vehicles

Retrieved on: 
Monday, February 12, 2024

The EV battery pack cooling system market thrives due to rising electric vehicle demand, driving innovations in liquid cooling, adaptive controls, fast-charging tech, and eco-friendly solutions.

Key Points: 
  • The EV battery pack cooling system market thrives due to rising electric vehicle demand, driving innovations in liquid cooling, adaptive controls, fast-charging tech, and eco-friendly solutions.
  • The EV battery pack cooling system is a critical component ensuring optimal performance, safety, and longevity of electric vehicle batteries.
  • All this is expected to drive the EV battery pack cooling system market during the forecast period 2023-2033.
  • Battery electric vehicle (BEV) is expected to continue dominating the EV battery pack cooling system market.

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.

Stellantis to Expand Electric-vehicle Charging Options in North America With Adoption of Proposed SAE Standard J3400 Connector

Retrieved on: 
Monday, February 12, 2024

We are happy to announce our backing and adoption of the SAE J3400 connector, a milestone for all customers on the path to open and seamless charging," said Ricardo Stamatti, Stellantis SVP of global energy & charging.

Key Points: 
  • We are happy to announce our backing and adoption of the SAE J3400 connector, a milestone for all customers on the path to open and seamless charging," said Ricardo Stamatti, Stellantis SVP of global energy & charging.
  • "Our Dare Forward 2030 strategic plan puts customers at the center of open interoperability and freedom of mobility for all.
  • Stellantis has joined with six other world-leading automakers to develop a high-powered charging network with at least 30,000 charge points in urban and highway locations across North America by 2030.
  • Charging stations will be accessible to all BEV customers, offering both Combined Charging System and J3400 connectors natively.

Plug Delivers Several Portable Liquid Hydrogen Refuelers to Customers

Retrieved on: 
Monday, February 12, 2024

LATHAM, N.Y., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, delivered several first-of-its-kind liquid hydrogen portable refuelers to transit agencies and trucking fleet customers.

Key Points: 
  • LATHAM, N.Y., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, delivered several first-of-its-kind liquid hydrogen portable refuelers to transit agencies and trucking fleet customers.
  • The product was designed to reduce infrastructure costs and deployment time for medium-duty and heavy-duty hydrogen-powered commercial vehicles.
  • “Our portable refueler product is a prime example of Plug’s cutting-edge innovation driving cost-effective adoption of hydrogen in hard-to-abate sectors like transportation,” said Andy Marsh, Plug CEO.
  • To learn more about being a Plug portable refueler customer, visit https://www.plugpower.com/learn-more-about-plugs-portable-refueler/ .

IDTechEx Discusses Whether Fuel Cell Vehicles Will Succeed and What It Would Take

Retrieved on: 
Friday, February 9, 2024

Thanks to the very small market now, this results in over 60-fold growth for FCEVs over the next 20 years.

Key Points: 
  • Thanks to the very small market now, this results in over 60-fold growth for FCEVs over the next 20 years.
  • The big advantage for FCEVs over battery electric vehicles (BEVs) is the increased potential range.
  • Compared to a BEV drivetrain requires a battery, motor, and power electronics, a FCEV requires a (much smaller) battery, motor, power electronics, fuel cell, and hydrogen storage.
  • IDTechEx's report, " Fuel Cell Electric Vehicles 2024-2044: Markets, Technologies, and Forecasts ", provides technology and market insights into the adoption of fuel cell electric vehicles for the car, van, truck, and bus market with analysis of drivers, barriers, players, models, and market forecasts for 2024-2044.

IDTechEx Discusses Whether Fuel Cell Vehicles Will Succeed and What It Would Take

Retrieved on: 
Friday, February 9, 2024

Thanks to the very small market now, this results in over 60-fold growth for FCEVs over the next 20 years.

Key Points: 
  • Thanks to the very small market now, this results in over 60-fold growth for FCEVs over the next 20 years.
  • The big advantage for FCEVs over battery electric vehicles (BEVs) is the increased potential range.
  • Compared to a BEV drivetrain requires a battery, motor, and power electronics, a FCEV requires a (much smaller) battery, motor, power electronics, fuel cell, and hydrogen storage.
  • IDTechEx's report, " Fuel Cell Electric Vehicles 2024-2044: Markets, Technologies, and Forecasts ", provides technology and market insights into the adoption of fuel cell electric vehicles for the car, van, truck, and bus market with analysis of drivers, barriers, players, models, and market forecasts for 2024-2044.

Mesh, a B2B Identity Startup Founded by Ex-Amazon Execs, Unveils Multi-Factor Business Identity Solution for Marketplaces, Ecommerce, Compliance; Bolsters Leadership with Industry Veterans

Retrieved on: 
Wednesday, February 7, 2024

Their findings among financial institutions echo Mesh’s insights on buyer and seller onboarding in ecommerce, marketplace trust, and vendor compliance.

Key Points: 
  • Their findings among financial institutions echo Mesh’s insights on buyer and seller onboarding in ecommerce, marketplace trust, and vendor compliance.
  • "Mesh has effectively addressed the challenges of establishing business trust and navigating compliance with their innovative Business and Entity Verification solution.
  • Mesh’s journey from License Verification to a Business and Entity Verification (BEV) solution signifies an evolution into a complete, end-to-end business identity platform.
  • With 30+ years of senior Amazon experience, Diego Asenjo (CEO), Tony Bryan (CTO), and founding engineers rounded out their leadership team with industry veterans.