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Stellantis invests more than $100 million in California lithium project

Stellantis said it would invest more than $100 million in California's Controlled Thermal Resources, its latest bet on the direct lithium extraction (DLE) sector amid the global hunt for new sources of the electric vehicle battery metal. The investment by the Chrysler and Jeep parent announced on Thursday comes as the green energy transition and U.S. Inflation Reduction Act have fueled concerns that supplies of lithium and other materials may fall short of strong demand forecasts. DLE technologies vary, but each aims to mechanically filter lithium from salty brine deposits and thus avoid the need for open pit mines or large evaporation ponds, the two most common but environmentally challenging ways to extract the battery metal. Stellantis, which has said half of its fleet will be electric by 2030, also agreed to nearly triple the amount of lithium it will buy from Controlled Thermal, boosting a previous order to 65,000 metric tons annually for at least 10 years, starting in 2027. "This is a significant investment and goes a long way toward developing this key project," Controlled Thermal CEO Rod Colwell said in an interview. The company plans to spend more than $1 billion to separate lithium from superhot geothermal brines extracted from beneath California's Salton Sea after flashing steam off those brines to spin turbines that will produce electricity starting next year. That renewable power is expected to cut the amount of carbon emitted during lithium production. Rival Berkshire Hathaway has struggled to produce lithium from the same area given large concentrations of silica in the brine that can form glass when cooled, clogging pipes. Colwell said a $65 million facility recently installed by Controlled Thermal can remove that silica and other unwanted metals. DLE equipment licensed from Koch Industries would then remove the lithium. "We're very happy with the equipment," he said. "We're going to deliver. There's just no doubt about it." Stellantis CEO Carlos Tavares called the Controlled Thermal partnership "an important step in our care for our customers and our planet as we work to provide clean, safe and affordable mobility." Both companies declined to provide the specific investment amount. Controlled Thermal aims to obtain final permits by October and start construction of a commercial lithium plant soon thereafter, Colwell said. Goldman Sachs is leading the search for additional debt and equity financing, he added.

Dodge Charger Hellcat and Tesla Model S P85D in Motor Trend Head 2 Head battle

One has James Bond Mode, Insane Mode, Creep Mode, and, yes, Insane Creep Mode. The other has 707 horsepower and is a heck of a lot cheaper. But which one is the bigger American badass? We figure most people already have strong opinions on the Dodge Charger Hellcat and Tesla Model S P85D, and they aren't likely to be swayed too far in the opposite direction by another person's viewpoint. Still, we think you'll enjoy watching the video above. In it, Autoblog friend and Motor Trend "Head 2 Head" host Jonny Lieberman summons smoke, shares smiles, and spouts spiels about both cars, finally finding one just slightly more badass than the other. Which ridiculously ludicrous American sedan takes top honors? Watch above to find out. Related Gallery 2015 Dodge Charger SRT Hellcat View 142 Photos Related Gallery 2015 Tesla Model S P85D: Detroit 2015 View 18 Photos News Source: Motor Trend via YouTube Green Dodge Tesla Electric Performance Videos Sedan motor trend head 2 head dodge charger hellcat autoblog black

Widebody Challenger Hellcat spotted with no camouflage

Well this is a mightily mysterious muscle car. One of our photographers caught this Dodge Challenger out testing without any camouflage. At first glance it looks like an SRT Demon, since it has the same widebody flares and front spoiler of the hellacious Challenger. However, the hood is from a garden-variety Hellcat (as if such a thing existed...), the rear spoiler has an SRT Hellcat badge, and the wheels don't come from the kitty or the Hellspawn. We have two theories as to what this SRT mishmash may be. Our first is that this is perhaps a next-generation Hellcat that takes advantage of some of the Demon's developments. It could have a more potent engine under the hood, perhaps with the extra fuel pumps and air-conditioned intercooler, along with the Demon's beefier driveline. It would be a way to keep the Hellcat relevant, and a way for people who might miss out on the one-year-only Demon to get the next closest thing. Our other theory is that this is an all-wheel-drive Hellcat. The wide fender flares and chin spoiler appeared on an all-wheel-drive Challenger concept before they made their way to the Demon. And with the introduction of the Grand Cherokee Trackhawk, we know that Mopar has an all-wheel-drive system that can handle the grunt of the 707-horsepower Hellcat mill. If an all-wheel-drive Hellcat is in the cards, it would be another way to keep the Hellcat line fresh without too much investment, and would be a treat for fans of the old all-wheel-drive concept. It would also probably be a great seller here in snowy Michigan. Oh, and it would certainly post some amazing 0-30 acceleration times. Related Video: