Stellantis N.V. reports developments across a global automotive business built around brands such as Jeep, Chrysler, Dodge, Ram, FIAT, Peugeot, Citroën, Opel, Alfa Romeo and Maserati. Recurring news covers operating and financial results, regional vehicle demand, industrial execution, liquidity, and capital actions alongside updates from its brand portfolio.
Company announcements also track vehicle launches and refreshes, including Chrysler Pacifica minivans and Jeep Wrangler, Gladiator and Rubicon models; Mopar service, parts and customer-care products; design and performance programs; shareholder voting matters; and brand partnerships tied to customer engagement and mobility services.
On January 17, 2023, the 2023 Ram 1500 was named to Car and Driver's 10Best vehicle list for the fifth consecutive year. The Ram 1500 lineup achieved this recognition after rigorous evaluation against competitors, emphasizing its exceptional driving experience and value. The Ram 1500 Limited and Ram 1500 TRX were among the models assessed. Ram continues to lead in various benchmarks, including towing capacity of 37,090 lbs and luxurious interior features. This recognition solidifies its position as the most awarded light-duty truck in America, enhancing its appeal among truck buyers.
Stellantis has partnered with Vulcan Energy Resources to explore geothermal energy for its Rüsselsheim plant in Germany. This initiative marks Stellantis’ first venture into renewable geothermal energy as part of its commitment to becoming carbon net zero by 2038, with a 50% reduction target by 2030. The project aims to provide significant energy needs starting in 2025, evaluating potential business models that may include electricity sales to the public grid. This agreement enhances Vulcan’s impact on the EV sector while supporting Stellantis' sustainability goals.
Stellantis has signed a binding agreement with Element 25 Limited to supply manganese sulphate for electric vehicle (EV) batteries, enhancing its value chain for battery production. This five-year contract involves a total volume of 45 kilotons, starting shipments in 2026, with options for term extension and volume increase. Element 25 will source manganese from its Butcherbird project in Australia and establish a processing facility in the U.S. Stellantis will also make an equity investment in Element 25, aligning with its Dare Forward 2030 strategy for electrification.
Stellantis has launched a new business unit named Mobilisights, focused on expanding its data as a service (DaaS) offerings. By 2030, Stellantis aims to have 34 million connected vehicles, significantly enhancing the data available for licensing to various sectors. Mobilisights will operate independently and is expected to contribute to an additional €20 billion in annual revenues through software-related services. The initiative is part of Stellantis’ Dare Forward 2030 strategy, emphasizing data governance and privacy.
The Ram 1500 Revolution Battery-electric Vehicle (BEV) Concept was unveiled at CES 2023, showcasing Ram's commitment to electric vehicle leadership. This innovative concept integrates advanced technology for a fully connected customer experience, featuring an ultra-modern design, flexible interiors, and unique capabilities such as third-row jump seats. Built on the new STLA Frame architecture, it offers all-wheel-drive and impressive fast-charging capabilities. The production model is expected in 2024, setting a new standard in electrification, while aligning with Stellantis' Dare Forward 2030 plan for sustainable mobility.
FCA US LLC reported a 13% decline in total U.S. sales for 2022, totaling 1,547,076 vehicles, amid industry challenges. Despite this, total PHEV sales rose 26% year-over-year, with the Jeep Wrangler 4xe being the top selling plug-in hybrid. Key highlights include a 46% increase in Wrangler 4xe sales and a 123% rise in Chrysler Pacifica Hybrid retail sales in Q4. The commercial fleet sector saw a record year, up 28% overall. However, Q4 sales dropped 16% compared to the prior year. FCA aims for a 50% battery-electric vehicle sales mix by 2030.
Stellantis and Archer have expanded their partnership to manufacture Archer's Midnight eVTOL aircraft. Stellantis will offer advanced manufacturing technology, expertise, and an equity investment of up to $150 million for Archer over 2023-2024. This partnership aims to streamline costs, enabling Archer to avoid significant expenditures during production ramp-up, with plans to begin manufacturing in 2024. Stellantis intends to become Archer's exclusive contract manufacturer and acquire more shares in the company, solidifying its role as a cornerstone investor in the burgeoning urban air mobility sector.
Stellantis and Archer have announced a partnership to manufacture Archer's Midnight electric vertical take-off and landing (eVTOL) aircraft. This collaboration aims to utilize Stellantis' advanced manufacturing expertise, personnel, and up to $150 million in equity to facilitate production at a new facility in Covington, Georgia, set to begin in 2024. Stellantis will also aim to increase its shareholding in Archer, enhancing its role as a strategic investor and enabling Archer to save significantly on manufacturing costs during its ramp-up phase.
Chrysler unveiled the Chrysler Synthesis demonstrator at CES 2023, showcasing innovative technology and sustainable design for future vehicles. It features STLA Smart Cockpit and STLA AutoDrive technologies aimed at enhancing daily user experiences. As the first brand to integrate these technologies in North America, Chrysler plans to lead with a full battery-electric vehicle portfolio by 2028. The Synthesis signifies Chrysler's commitment to Harmony in Motion, focusing on a seamless customer experience in product and ownership.
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