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Stellantis will enter joint venture with Samsung SDI for EV batteries

SEOUL — South Korean battery maker Samsung SDI Co Ltd and global automaker Stellantis NV have agreed to jointly produce electric vehicle (EV) batteries for the North American market, a person familiar with the matter said on Tuesday. Samsung SDI, an affiliate of South Korean tech giant Samsung Electronics, already has EV battery plants in South Korea, China and Hungary, which supply customers such as BMW and Ford. "The two companies (Samsung SDI and Stellantis) have struck a MOU (memorandum of understanding) to produce EV batteries for North America," the person with knowledge of the matter told Reuters. The source spoke of condition of anonymity because of the sensitivity of the matter. The person said the location of the battery joint venture is under review and will be announced later. In July, Reuters reported that Samsung SDI may build a battery plant in the United States, citing a company source. South Korea's Yonhap news agency earlier reported the two companies plan to build a factory in the United States, citing industry sources. Samsung SDI and Stellantis did not have immediate comment when reached by Reuters. Stellantis on Monday struck a preliminary deal with battery maker South Korea's LG Energy Solution (LGES) to produce battery cells and modules for North America. Shares of Samsung SDI were up 2.6% as of 0300 GMT, versus a 0.6% rise in the KOSPI benchmark index. Related video: Green Alfa Romeo Chrysler Dodge Ferrari Fiat Jeep Maserati RAM Citroen Lancia Opel Peugeot Vauxhall

Viper ACR privateers' Nurburgring runs detailed in new documentary

Discontinued in the summer of 2017, the Dodge Viper is out of production, relegated to the hearts and garages of those who love it. But as a last hurrah, a crowdfunded privateer team took two Viper ACRs to the famous Nurburgring racetrack to both celebrate the Viper's existence and to try and lap the long Nordschleife track in under 7 minutes. Going after the fastest recorded production car lap, they gunned for the Lamborghini Huracan Performante's 6:52 time, but hot August temperatures caused tire problems and the Viper remained on the wrong side of 7 minutes despite the best efforts of ex-Porsche cup driver Lance David Arnold and SRT driver Dominik Farnbacher. In essence, the team ran factory-spec Viper ACR Extremes on factory tires; showroom fresh, the cars were delivered straight from Texas. But despite not getting under the 7-minute mark, they still became the first non-automaker-affiliated team to set an official Nurburgring lap time — and the 7:01.3 they laid down on their best run made the Viper ACR the fastest RWD, fastest manual and fastest American-built car on the track. Now, a full documentary of the record attempt has been released to the public, detailing all the pain and exhilaration that goes into running this kind of cars on their absolute limit on one of the most demanding racetracks in the world. It's 24 minutes of pure excellence. You can also re-view the record lap here in its entirety: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Dodge Videos dodge viper acr

Submit your questions for Autoblog Podcast #317 LIVE!

We record Autoblog Podcast #317 tonight, and you can drop us your questions and comments regarding the rest of the week's news via our Q&A module below. Subscribe to the Autoblog Podcast in iTunes if you haven't already done so, and if you want to take it all in live, tune in to our UStream (audio only) channel at 10:00 PM Eastern tonight.
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