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GM and Stellantis invest in Niron Magnetics to develop rare-earth-free EV components

rare earth EV

GM Ventures and Stellantis Ventures have joined a growing list of investors that have recently raised $33 million in additional funding for Niron Magnetics – a company developing proprietary Clean Earth Magnets based on Iron Nitride that function without rare earths or other critical materials used in today’s EVs.

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Ram copies Toyota’s BS with ridiculous PR campaign for new Ramcharger 1500

It looks like Ram has taken a page from Toyota’s playbook on how to spin a hybrid into a “class-shattering battery electric vehicle” that gets “unlimited range”: just make stuff up. Ram, owned by Stellantis, insists that we not call its new Ramcharger 1500 pickup a hybrid when it in fact houses a 27-gallon gas tank between the battery and the rear axle. So yeah, it’s clearly a hybrid.

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Stellantis wins big in EV sales in Europe, thanks to France’s ‘green bonus’

Citroen-affordable-EV


Once a fierce critic of the European Union’s push to restrict ICE vehicles, Stellantis is now reaping rewards from its shift in focus to EVs, with France taking the lead thanks to revised “green bonus” incentives for Europe-made cars while freezing out Chinese brands. Yesterday the company announced a 7% year-on-year sales uptick yesterday, with a 37% boost in EV sales in Europe, beating out Tesla.

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Stellantis strike ends, new battery plant in Illinois; GM Lyriq plant sees walkout

UAW has announced that it has come to a tentative agreement with Stellantis to end the six-week strike, including job gains from the reopening of a plant in Belvidere, Illinois and addition of a new battery plant in that location.

Soon after, UAW announced that workers at GM’s plant which makes the all-electric Cadillac Lyriq will go on strike.

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Stellantis takes $1.6 billion stake in China’s Leapmotor, forming JV to sell its EVs in Europe

Stellantis Leapmotor

One year after filing for bankruptcy with its Jeep joint venture in China, Stellantis has found a new partner in EV startup Leapmotor to utilize its existing technology ecosystem as part of a $1.6 billion joint venture that will expand availability of the Chinese EVs in new markets in Europe, possibly beyond.

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7 auto giants unite to build universal network of 30K+ clean-energy-powered fast chargers to North America

Charging network

And yes, it’ll have NACS accessibility. In a shocking but exciting announcement this morning, a group of some of the world’s largest automakers has combined forces into a new joint venture to deliver a new “high-powered” charger network across cities and highways in North America to expedite EV adoption. Oh, and they intend to power the entire network with renewable energy.

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Stellantis launches new EV charging business, but will it matter without Tesla NACS?

Jeep-Stellantis-affordable-EVs

Jeep and RAM owner, Stellantis, launched a new EV charging and energy business, “Free2Move Charge,” on Tuesday to maximize the benefits of owning an electric car. Meanwhile, the automaker has yet to commit to adopting Tesla’s NACS as North America moves closer to making it the standard connector.

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