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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

Alfa Romeo 4C Spider is dead after 2020, but look at this 33 Stradale Tributo

The Alfa Romeo 4C Spider is finally making its exit. Alfa quit selling the coupe in America starting with the 2019 model year, and now the roofless version will wrap up with the 2020 model year. There will be no 2021 4C Spider in the U.S. Alfa is not killing the 4C without a bang, though. In conjunction with the announcement of the car’s U.S. departure, Alfa has announced a 4C Spider 33 Stradale Tributo special edition model. ItÂ’s meant to honor the 1967 Alfa Romeo 33 Stradale, which is the iconic roadgoing version of the Tipo 33 race car. ItÂ’s gorgeous and works as a fitting send off to the mid-engine sports car that kickstarted AlfaÂ’s return to North America. There are a number of things changed or added with the 33 Stradale Tributo, but the single biggest difference is the red transparent finish to the carbon monocoque chassis (pictured above). The normally black exposed carbon fiber is now a glowing and translucent red, and itÂ’s rather striking. Additionally, Alfa paints it in an exclusive shade of red: Rosso Villa dÂ’Este tri-coat. It gets gray-gold wheels, a two-tone black and “tobacco” (brown) interior and special badging on the dash, side sills and center console. Everybody who buys one will also get a special, numbered book that goes over the 4C in detail. All 33 Stradale Tributo models will be fully loaded with options, too. Most importantly, it gets the Akropovic exhaust and race-tuned suspension. Alfa says a standard 4C with every option would be “thousands more,” so hey, youÂ’re getting a deal. The 33 Stradale Tributo will start at $81,590, and only 33 will be built. Considering that Alfa has only sold 92 4C Spiders throughout all of FCAÂ’s 2020 reported sales so far, they might be easier to get than you think. If you want one, Alfa says you should email (yeah, weird) them at: sales@alfaromeo.com. Related Video:

Alfa Romeo celebrates 110th anniversary with 79-page e-book

For its 110th anniversary, Alfa Romeo wanted to host a summer bash at its renovated Museo Storica Alfa Romeo in Arese, Italy. Coronavirus nixed that, so part of the Plan B syllabus is a 79-page e-book that plucks all sorts of fascinating details from even before the automaker's birth as A.L.F.A., which stood for Anonima Lombarda Fabbrica Automobili, and the fecund history since. The work can be considered more than a dive into Alfa Romeo history because of Alfa Romeo's reach for much of its existence. The 1914 Aerodinamica by Castagna built on an Alfa Romeo 40/60 HP chassis predates Buckminster Fuller's Dynmaxion by 20 years. Enzo Ferrari raced for Alfa Romeo or with Alfra Romeo support for 19 years, the driver's seat also occupied by legends like Juan Manuel Fangio, Tazio Nuvolari, and Alberto Ascari. Nuvolari drove the Bimotore — a car with one V8 in front of the cockpit, another V8 behind — to a top speed of 209 miles per hour in 1934, and raced the car alongside Louis Chiron, the same Frenchman Bugatti would later name a car after. Alfa Romeo's tech prowess impressed famed tinkerer Henry Ford so much that in 1939 Ford said, "When I see an Alfa Romeo go by, I tip my hat." And it's hard to believe Ian Fleming hadn't heard of the 1900 C52 Disco Volante concept from 1952 when conjuring a name for Emilio Largo's motor yacht for his 1961 book, "Thunderball." There's plenty of Alfa-centric trivia, too, like an employee coming up with the idea for the automaker's logo while waiting for a train, the origin of the quadrifoglio, intended as a good luck charm for all the three drivers in the 1923 Targa Florio but only paying off for one, and how Nicola Romeo inscribed his name in history. The stories carry up to the present day Giulia GTA and coming Tonale crossover, with a cameo by FCA design chief Ralph Gilles to boot. The book is a quick read, so check it out, or just scroll through lots of photos documenting 110 years of Italian automotive history. Related Video: