IBIS: Stellantis and Saft Reveal a Smarter, More Efficient Battery for Autos and Stationary Power
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July 24, 2023 7:42 AM EDT
Jeep-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
July 21, 2023 2:48 PM EDT
In 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
July 21, 2023 9:47 AM EDT
Stellantis (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
July 20, 2023 1:45 PM EDT
According to the U.S. Justice Department, an executive from Stellantis-owned Fiat Chryslers U.S. business unit has confessed to a felony charge for conspiring to breach the Clean Air Act.
This plea is a consequence of a prolonged investigation by the department regarding emissions fraud related to diesel engine vehicles. The individual involved,... More
