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Discussion Starter · #121 ·
Magna's 48 Volt hybrid transmission goes into production with Stellantis
Magna's 48-Volt hybrid dual-clutch transmission debuts on the Jeep Renegade and Compass e-Hybrid, Fiat 500 X and Tipo; production underway at Magna’s Slovakia facility

30 Oct 2022

Magna’s 48 Volt hybrid transmission hit the market on the Jeep Renegade, Compass e-Hybrid, Fiat 500 X and Tipo, the first models from Stellantis to be equipped with a 48-Volt hybrid system. The two companies have signed a multi-program agreement.

Hybrid technologies are an important step on the path to lower emissions. Magna's hybrid transmission achieves stringent CO2 targets and offers improved driving dynamics due to electric torque vectoring and traction support.

Magna's 48V 7-speed dual-clutch transmission for hybrids provides a maximum torque of 320 Nm and torque-split technology to optimize the efficiencies of the combustion engine (ICE) and the e-motor. The e-motor is capable of providing propulsion to the vehicle even when the ICE is switched off. This new transmission features independent on-demand cooling for the clutch and e-motor with a single oil circuit for cooling and lubrication, resulting in significant CO2 reductions in WLTC and real-world driving.

"Our scalable transmission technologies aid our customers in their transition to vehicle electrification which help to achieve regulatory targets. The transmission enhances both efficiency and performance. We are excited that Stellantis has awarded Magna this hybrid transmissions business across multiple vehicle models, a testament to our expertise and capabilities," said Tom Rucker, President Magna Powertrain.

Magna is producing the 48V hybrid transmission at its division in Kechnec, Slovakia. Further 48V hybrid transmissions are expected to be adopted in additional future Stellantis models.

BorgWarner to supply electric motors for e-axles of European CV maker | Autocar Professional
 

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Discussion Starter · #122 ·
November 3, 2022

Third Quarter 2022 Shipments and Revenues
Stellantis logo

Stellantis Reports Strong Growth in Q3 2022 Net Revenues, Up 29%
Full-Year Guidance Confirmed

  • Net revenues reached €42.1 billion, up 29% compared to Q3 2021, mainly reflecting higher volumes, continued strong net pricing and favorable FX translation effects
  • Consolidated shipments(1) of 1,281k units, up 13% y-o-y, primarily due to improvement in semiconductor order fulfillment versus Q3 2021
  • Total new vehicle inventory of 926k units at September 30, 2022. Company inventory of 275k units, up 179k units from December 31, 2021, primarily in Enlarged Europe due to logistics challenges
  • Global BEV sales increased 41% versus Q3 2021

“Buoyed by the enthusiastic response to our Dodge and Jeep EV Days over the summer, and our Q3 global BEV sales increasing 41% year-over-year, we are executing our Dare Forward 2030 electrification roadmap at a fast pace to meet the strong demand for electrified vehicles. We look forward to CES 2023 in January in Las Vegas, where the Ram 1500 Revolution BEV Concept will make its worldwide debut.”
Richard Palmer, CFO


AMSTERDAM - As global sales of Stellantis’ battery electric vehicles (BEVs) increased 41% y-o-y to 68k units, and sales of low emission vehicles rose 21k units y-o-y to 112k vehicles in Q3 2022, the Company continued to execute its bold electrification plans and progress towards achieving its Dare Forward 2030 strategic plan goals.
Offering best-in-class fully electrified vehicles: Jeep® brand announced its plan to become the global leader in SUV electrification, bringing four all-electric SUVs to North America and Europe by 2025, supporting Stellantis’ carbon net zero ambition. The announcement came just weeks after Dodge took a giant step forward on the performance brand’s road to an electrified future, revealing the Dodge Charger Daytona SRT, a concept that reimagines what a BEV can be.
Executing on its plan to become the global leader in SUV electrification, the Jeep brand unveiled the all-new Jeep Avenger, the brand’s first-ever BEV, at the 2022 Paris Motor Show, with pre-booking for the 1st Edition beginning the same day.
To meet the growing demand for electrified vehicles, Stellantis announced a new agreement with joint venture partner Punch Powertrain to increase production of the future-generation electrified dual-clutch transmissions (eDCT) for Stellantis hybrid and plug-in hybrid electric vehicles. The eDCTs, which will be built at Stellantis’ Mirafiori Complex in Turin, Italy, will complement the existing capacity in Metz, France.
Investing in a Circular Economy: The Mirafiori Complex will also be home to Stellantis’ first Circular Economy Hub, starting with three activities for the sustainable use of vehicles and parts: vehicle reconditioning, vehicle dismantling, and parts remanufacturing. The Hub will open in 2023.
Building the roadmap for the future of mobility: Stellantis revealed that it has built one of the biggest and widest collaborative ecosystems in the world, with more than 160 co-funded projects and over 1,000 different partners worldwide. The projects align with Stellantis’ strategic technical domains, which include autonomous driving, connectivity, manufacturing, electrification technologies and advanced propulsion.
Segments (all market share and ranking references are for Q3 2022): North America: Market share of 10.8%, down 20 bps y-o-y, with U.S. share down 70 bps to 11.1%. Enlarged Europe: EU30 market share of 19.2%, down 90 bps y-o-y. South America: Market leader with 22.6% share, down 150 bps y-o-y. Commercial Vehicles market leader in South America and EU30, with 30.8% and 29.2% share, respectively.
Maserati: The all-new Grecale, which launched in June 2022, continues to attract a whole new audience. In 2023, one of the brand’s icons returns: the all-new GranTurismo with Nettuno engine and the GranTurismo Folgore, the first BEV in the brand’s history. Maserati will follow up with the all-new Grecale Folgore in mid-2023 and the all-new GranCabrio, available in internal combustion engine and Folgore models.
Upcoming Event: January 5: Ram Revolution electrification and technology event at CES 2023 in Las Vegas
On November 3, 2022 at 1:00 p.m. CET / 8:00 a.m. EDT, a live audio webcast and conference call will be held to present Stellantis’ Third Quarter 2022 Shipments and Revenues. The audio webcast and recorded replay will be accessible under the Investors section of the Stellantis corporate website at www.stellantis.com. The presentation material is expected to be posted under the Investors section of the Stellantis corporate website at approximately 8:00 a.m. CET / 3:00 a.m. EDT on November 3, 2022.
See Downloads for full version of press release

About Stellantis
Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) is one of the world’s leading automakers and a mobility provider. Its storied and iconic brands embody the passion of their visionary founders and today’s customers in their innovative products and services, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Powered by our diversity, we lead the way the world moves – aspiring to become the greatest sustainable mobility tech company, not the biggest, while creating added value for all stakeholders as well as the communities in which it operates. For more information, visit www.stellantis.com
 

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Discussion Starter · #123 ·
An Industry-Leading Decarbonization Strategy
The global race to cut emissions to zero is a vital step to tackle climate change, and Stellantis intends to be a front-runner. A huge undertaking possible only by reconsidering how we produce, consume, and move around. Transport has traditionally been heavily reliant on fossil fuels, which accounted for more than 90% of the sector’s energy needs in 2020(1). In the same year, it was the third main source of total carbon dioxide emissions, emitting over 7 Gigatonnes of CO2(2). As stated in the 2015 Paris Agreement, temperature increase needs to be limited to 1.5°C above pre-industrial levels to prevent the worst impacts of climate change and preserve our planet.

As the automotive industry accelerates change to avert climate and ecological threats, Stellantis’ Dare Forward 2030 strategic plan implements a pathway consistent with science-based recommendations to achieve this critical target. Through aggressive and clear targets, it sets out deep emission cuts to slash CO2 in half by 2030, benchmarking our 2021 metrics, and achieve carbon net zero by 2038 with single digit percentage compensation of the remaining emissions(3).

(1) and (2) International Energy Agency
(3) The achievement is conditioned by key external enablers: decarbonized energy (based on Announced Pledges Scenario from International Energy Agency), and conducive public policies for BEV (charging infrastructure, purchasing incentives)


A Holistic Approach to Climate Change
Stellantis' strategy to achieve Carbon Net Zero by 2038 is focused on three main areas:
Vehicles:
  • Aggresive electrification roadmap
  • Cutting-edge technologies
  • Integrated battery ecosystem
  • Innovative mobility solutions
  • Circular economy business
Supply Chain:
  • Optimized logistics
  • Strong supplier involvement
Industrial and Sites:
  • Responsible energy management
  • Pioneering real estate management
Table of Carbon Net Zero by 2038



“We took 2021 as a reference, which makes the trajectory of our ethical commitment very bold compared to peers. Taking a leadership role in decarbonization is the best path to protect our Company, our employees, and generations to come.”
Carlos Tavares, Stellantis CEO


A Threefold Strategy to Reduce Our Carbon Footprint
Our push to net zero addresses all sources of greenhouse gas emissions, from Vehicles to Supply Chain, and Industrial and Sites. We identified nine critical activities to reduce our carbon footprint across Scopes 1, 2 and 3, implementing different practices and technologies that limit compensation to the bare minimum.
As the world is entering a hopeful new era for climate action, Stellantis is leading the industry’s transition toward a carbon net zero future and expects all stakeholders to be aligned, starting with the clean energy supply.
Note: Scope 1: GHG emissions that occur from sources owned or controlled by the Company; Scope 2: GHG emissions released from the generation of purchased energy consumed by the Company; Scope 3: GHG emissions that occur from sources not owned or controlled by the Company



Vehicles

  • Aggressive Electrification Roadmap icon
  • Cutting Edge Technologies icon
  • Integrated Battery Ecosystem icon
  • Innovative Mobility Solution icon
  • Circular Economy Business icon
Image hero of Vehicles

FIND OUT MORE ABOUT OUR VEHICLES STRATEGY



Supply Chain

  • Strong Supplier Involvement icon
  • Optimized Logistics icon
Image hero of Supply Chain

FIND OUT MORE ABOUT OUR SUPPLY CHAIN STRATEGY



Industrial and Sites

  • Responsible Energy Management icon
  • Pioneering Real Estate Management icon
Image hero of Industrial and Sites

FIND OUT MORE ABOUT OUR INDUSTRIAL AND SITES STRATEGY
 

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Discussion Starter · #124 ·
November 9, 2022

A New Step for Kenitra Site to Support Growth Plans for Middle East and Africa Region
Kenitra Morocco Location

  • Investment of over €300 million in Kenitra manufacturing facility in Morocco is part of region’s growth plans
  • Kenitra plant to double local production capacity and introduce “smart car” platform to serve the commercial ambition of reaching more than 22% market share in the region by 2030
  • Kenitra plant to contribute to the regional ambition to have a production capacity of one million vehicles per year by 2030 with more than 70% production autonomy
RABAT, MOROCCO – At the occasion of meetings with the Moroccan Head of Government, the Minister of Industry and Trade, and the Minister Delegate to the Head of Government in charge of Investment, Convergence and Evaluation of Public Policies, Stellantis today announced an over €300 million investment in its Kenitra manufacturing facility aimed at doubling the site’s production capacity and launching the “smart car” platform. This enhanced capacity supports the Company’s growth plans for Middle East and Africa region, as it pushes to a production capacity of one million vehicles per year by 2030, while reaching 70% local integration, as outlined in Stellantis’ Dare Forward 2030 strategic plan.
“We are proud to announce today a great new milestone in the journey of our industrial plant in Kenitra, in partnership with the Ministry of Industry and Trade in Morocco,” said M. Samir Cherfan, Chief Operating Officer, Stellantis Middle East and Africa. “Together, we have succeeded in positioning Kenitra as a leading Stellantis industrial site and in converting it into a key contributor of our bold ambition in the Middle East and Africa region, leveraging the potential of the newly launched “smart car” platform that will be core to our vehicle offerings in the region by 2030.”
This announcement also falls within the framework of the Strategic Industrial Agreement that started in 2015 between Stellantis and the Moroccan Government aiming to contribute to the development of the automotive industry in the country.
“This new milestone in the Stellantis project in Morocco illustrates the positioning of the Kingdom as one of the most competitive carbon free automotive industrial platforms worldwide, built thanks to the Far-sighted Vision and Leadership of His Majesty King Mohammed VI. It also reinforces electric vehicle production capabilities in our country and comforts our determination to be a key player in sustainable mobility,” said M. Ryad Mezzour, Minister of Industry and Trade.
Since its inauguration in 2019, Kenitra has continuously over delivered on the commitments defined in the Strategic Industrial Agreement and constantly improved its operational efficiency and quality results.
With today’s announcement, the plant will now double its production capacity, reaching 400,000 vehicles per year along with 50,000 electric mobility objects: Citroën Ami and Opel Rocks-e. The “smart car” platform is intended to further support Stellantis’ product offerings and will represent 40% of the region’s mobility offerings by 2030.
The investment will create nearly 2,000 new local positions. Stellantis will provide upskilling and training for all its employees.
Stellantis has now achieved a local integration rate of 69% aimed at developing activities by and for the region to become a full-fledged organization leveraging local talent.
From an environmental perspective, the plant is a model of energy optimization with low energy consumption per vehicle produced (425 KWh/vehicle) and will soon access the renewable energies supported by the Moroccan national strategy for energy transition and sustainable development.
“Stellantis’ global ambition will benefit from the strong development pace of the Middle East and Africa region that aims at contributing to creating a third engine for Stellantis, in addition to North America and Europe,” said Stellantis CEO Carlos Tavares. “I trust our regional teams to achieve sustainable growth with a number one position in the market and double-digit margin, while leading the energy transition. At Stellantis, we commit to offer our Middle East and Africa customers clean, safe and affordable mobility.”
 

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Discussion Starter · #125 ·
November 17, 2022

Stellantis Accelerates Autonomous Driving Journey with Acquisition of aiMotive, a Leading Artificial Intelligence and Autonomous Driving Start-up
Yves Bonnefont and Laszlo Kishonti Signature aiMotive Stellantis

  • aiMotive technology supercharges Stellantis mid-term development of STLA AutoDrive, the Company’s autonomous driving tech platform
  • aiMotive to operate as subsidiary of Stellantis, preserving start-up spirit
  • Founder László Kishonti will continue to drive the company as aiMotive CEO

AMSTERDAM – Stellantis N.V. and aiMotive, a leading developer of advanced artificial intelligence and autonomous driving software, today announced that they have entered into an agreement for Stellantis to acquire aiMotive.
This acquisition enhances Stellantis’ artificial intelligence and autonomous driving core technology, expands its global talent pool, and boosts the mid-term development of the all-new STLA AutoDrive platform.
“Acquiring aiMotive’s world-class artificial intelligence and autonomous driving technology is an important contribution to becoming a sustainable mobility tech company,” said Yves Bonnefont, Stellantis Chief Software Officer. “aiMotive’s class-leading expertise and startup spirit will accelerate our journey to deliver our Dare Forward 2030 goals.”
aiMotive’s technology product portfolio is focused on four key areas within artificial intelligence and autonomous driving:
  • aiDrive: Embedded software stack for autonomous driving

  • aiData: Artificial intelligence operations and data tooling

  • aiWare: Expertise and intellectual property for silicon microchips

  • aiSim: Software simulation for development of autonomous driving
Stellantis’ software teams are already developing the three all-new technology platforms (STLA Brain, STLA SmartCockpit, STLA AutoDrive) that will be deployed at scale across the four all-new STLA vehicle platforms (STLA Small, STLA Medium, STLA Large, STLA Frame), starting in 2024. The software strategy, as announced during Stellantis’ Software Day in December 2021, is expected to generate approximately €20 billion in incremental annual revenues by the end of the decade, as part of the Dare Forward 2030 strategic plan bold objectives, backed by more than a €30 billion* investment in electrification and software.
aiMotive is based in Budapest, Hungary, with offices in Germany, the United States and Japan, with over 200 highly skilled employees worldwide, including engineers with advanced artificial intelligence and autonomous driving expertise. aiMotive will operate as a subsidiary of Stellantis, maintaining its operational independence and startup culture. Founder László Kishonti will remain as CEO. It will continue selling three areas of its current technology product portfolio, including aiData, aiSim and aiWare, to other partners.
Stellantis will establish a Board of Directors to oversee aiMotive while preserving its startup mindset of rapid innovation. aiMotive team will be fully part of the Stellantis autonomous driving and artificial intelligence teams.
Completion of the acquisition is subject to customary closing conditions, including the satisfaction of antitrust requirements.

* In July 2021, Stellantis announced its plans to invest more than €30 billion through 2025 in electrification and software development
 

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Discussion Starter · #126 ·
Stellantis starts European dealer network shake-up
As part of its efforts to cut costs and support investment for electrification, Stellantis will move toward an agency sales model.

Peugeot dealer

Peugeot is among Stellantis brands whose dealerships will switch to an agrency sales model.

Stellantis said it would reorganize its European dealers' network in July next year, starting in Austria, Belgium, Luxembourg and the Netherlands.
"The rest of Europe will progressively follow in the implementation of the new distribution scheme," Stellantis said on Thursday.
As part of its efforts to cut costs and support investment for electrification, Stellantis last year said it would end all current sales and services contracts with European dealers for all of its 14 brands, from June 2023.
The plan is to move toward an "agency model" in which carmakers take more control of sales transactions and prices while dealers focus on deliveries and servicing, no longer acting as the customer's contractual partner.
Uwe Hochgeschurtz, Stellantis' chief operating officer for Europe, said the group aimed to promote a "sustainable" distribution model and all stakeholders would benefit.
Stellantis said it ran a comparative economic simulation showing that, under the new planned distribution model, dealers would enjoy "at least equivalent profitability" and reduced exposure to risks.
A spokesman for the company said Stellantis' light commercial vehicle brands would enter the new distribution structure from Jan. 1, 2024.
 
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