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Stellantis and LG launch joint venture for North American battery plant

Stellantis has struck a preliminary deal with battery maker LG Energy Solution (LGES) to produce battery cells and modules for North America, as the world's No. 4 automaker rolls out its 30 billion euro ($35 billion) electrification plan. Global automakers are investing billions of euros to accelerate a transition to low-emission mobility and prepare for a progressive phase-out of internal combustion engines. Stellantis and LGES's joint venture will produce battery cells and modules at a new facility with an annual capacity of 40 gigawatt hours (GWh), the two firms said on Monday. No financial details of the deal were provided. The plant is scheduled to start production by the first quarter of 2024, with groundbreaking expected in the second quarter of 2022, the companies said in their statement. Its location is under review and will be announced later. Stellantis, formed in January from the merger of Italian-American automaker Fiat Chrysler and France's PSA, has said it wants to secure more than 130 GWh of global battery capacity by 2025 and more than 260 GWh by 2030. The batteries produced under the deal will supply Stellantis' U.S., Canadian and Mexican assembly plants for installation in hybrid and fully electric vehicles, supporting its goal of e-vehicles making up more than 40% of its U.S. sales by 2030. The company, whose brands include Peugeot, Fiat, Opel and U.S. best-sellers Jeep and Ram, earlier this year announced it would invest more than 30 billion euros through 2025 on electrifying its vehicle lineup. Stellantis has said it would build three battery plants in Europe and two in North America, including at least one in the United States. Intesa Sanpaolo analyst Monica Bosio said the deal was positive, and a further step ahead in Stellantis' electrification process. It comes weeks after Stellantis and its partner TotalEnergies agreed to open up their battery cell joint venture ACC to Daimler, to expand their European sourcing of battery cells. Stellantis is also targeting more than 70% of sales in Europe to be of low-emission vehicles by 2030, and aims to make the total cost of owning an EV equal to that of a gasoline-powered model by 2026. Related video: Green Plants/Manufacturing Alfa Romeo Chrysler Dodge Ferrari Fiat Jeep Maserati RAM Citroen Lancia Opel Peugeot Vauxhall Electric Hybrid EV batteries LG

The Alfa Giulia Quadrifoglio set a lap record at Silverstone with someone driving blind

Alfa Romeo announced today that its Giulia Quadrifoglio super sedan set a new lap record at Silverstone that nearly matched one put down by one of its Formula 1 cars in 1951. The F1 car set a time of 1:44, and the Giulia finished in 1:44.3. That may seem a bit slow for a modern 505-horsepower sports sedan, but it makes more sense when you realize the Giulia in question had black vinyl over the windows to keep the driver, Ed Morris, from seeing where he was going. Apparently Alfa thinks a clear view makes driving too easy. To get around the substantial handicap, Morris was assisted by directions from another driver in a following Giulia Quadrifoglio. The other driver, David Brise, radioed directions to Morris to get him around the track – and avoid crashing. Over the course of two days, the duo got the hang of it and set the aforementioned lap time. They even reached speeds of over 100 mph. You can see them practicing and setting the time in the video above. It was a cute record to set, but we're hoping blindfolded Nurburgring laps aren't next. Related Video:

Alfa Romeo is bringing something deliciously loud to Geneva

Alfa Romeo will risk running afoul of Switzerland's engine noise regulations by bringing something deliciously loud to the 2020 Geneva Motor Show. The preview video it posted on Twitter asks more questions than it answers. The seven-second flick announces that Alfa Romeo, one of Italy's oldest automakers, is about to make "a momentous comeback." It displays the company's logo, notes the location of its booth in the Palexpo convention center, and ends on the sound of what we're pretty sure is a V6 engine exploring the upper echelons of its rev range. There's no mention of which car the six-cylinder is in, let alone whether it's new or updated. sound on See you at #GIMSSWISS. #AlfaRomeo pic.twitter.com/yIUPYEiTkj — Alfa_Romeo (@alfa_romeo) February 22, 2020 This is where facts end and speculation begins. Alfa planned to expand its range with a two-door version of the Giulia that would have resurrected the GTV name and a flagship sports car tentatively called 8C, but both models were allegedly canceled in 2019. The 4C is nearing the end of life cycle, so the odds of seeing a new variant of it are low. Besides, its engine bay is far too small to house a six-cylinder engine like the Giulia's 2.9-liter unit. Before the teaser video emerged, we expected Alfa's next new model would be the production version of the Tonale concept unveiled at the 2019 edition of the Geneva show. The crossover is well on its way to production, and its front end has changed quite a bit in the past 12 months, but we don't think it will reach showrooms with a race car-like exhaust note; electrified technology will likely make it one of the quieter members of the Alfa lineup. This leaves us with two credible possibilities. First, rumors of a more powerful Giulia positioned above the Quadrifoglio model have floated around the internet for years and they plainly refuse to die. It would likely wear the heritage-packed GTA nameplate and arrive as a more track-oriented sedan in the vein of Mercedes-AMG's Black Series cars. If that's the case, expect copious carbon fiber, a stripped-out interior, and a full body kit. Second, Alfa could simply kick off its 110th birthday celebrations in Geneva by showing a concept built to mark the occasion. We'll know for sure when the show opens its doors to the press on March 3. Related Video:     Geneva Motor Show Alfa Romeo Luxury Performance