Grand Wagoneer Named Official Winter SUV of the Year From New England Motor Press Association for Second Year in a Row
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Stellantis (STLA) partners with Samsung to build second U.S. EV battery plant
July 24, 2023 7:42 AM EDTJeep-parent Stellantis (NYSE: STLA) announced Monday it will partner with Koreas Samsung SDI to build a second electric vehicle battery plant in the United States.
The companies have announced that they are currently evaluating the location for their new plant. According to their news release, they have already entered into a memorandum of understanding; however, the finalization of the transaction is contingent upon... More
Stellantis' (STLA) Fiat Chrysler unit loses bid to stop sale of Mahindra's Jeep lookalike in U.S.
July 21, 2023 2:48 PM EDTIn a recent development, Stellantis-owned Fiat Chrysler suffered a setback in its attempt to prevent Mahindra & Mahindra from selling the revamped Roxor off-road vehicle in the U.S.
Fiat Chrysler had alleged that the Indian automaker copied the design of its Jeep, but the Eastern District Court of... More
Stellantis (STLA) and Saft unveil new, more efficient battery prototype
July 21, 2023 9:47 AM EDTStellantis (NYSE: STLA) and battery designer, Saft on Thursday unveiled their new Intelligent Battery Integrated System (IBIS) prototype: an energy storage battery that integrates the inverter and charger functions. The unique integration creates a battery that is more efficient, which enhances battery-electric vehicle range, is smaller, more reliable, and less costly.
After four years of collaboration through modeling and simulations to develop this new battery, the 25 engineers from CNRS (French National Centre... More
