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Stellantis and LG announce Canadian EV battery joint venture

SEOUL — South Korean battery giant LG Energy Solution (LGES) said on Wednesday it plans to invest $1.5 billion to set up a joint venture with Stellantis in Canada. LGES owns 51% of the joint venture, tentatively named "LGES-STLA JV" and Stellantis owns 49%, LGES said in a regulatory filing. In October, LGES and Stellantis NV struck an electric vehicle (EV) battery production joint venture, targeting to start production by the first quarter of 2024 and aiming to have an annual production capacity of 40 gigawatt hours of batteries. In a separate regulatory filing, LGES said it plans to acquire a stake worth $542 million in ES America to respond to demand from EV startups in the United States. LGES is considering building a factory in Arizona to meet demand in the United States, two people familiar with the matter told Reuters, adding that the plant is expected to primarily produce cylindrical battery cells. LGES has its own factory in Michigan and two battery joint ventures with General Motors in Ohio and Tennessee. "We are considering a new production site, but nothing has been decided yet," said a spokesperson at LGES. LGES, which counts Tesla, GM and Volkswagen among its customers, currently has battery production sites in the United States, China, Poland, Indonesia and South Korea. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Green Plants/Manufacturing Chrysler Dodge Fiat Jeep RAM Electric

Stellantis to offer electric versions of most of its European lineup by 2025

Newly merged automaker conglomerate Stellantis will offer electric versions of almost all of its European lineup by 2025, it said on Thursday, as the auto industry faces regulatory pushes in Europe and China to accelerate the shift to zero-emission cars. Formed in January by the merger of France's PSA and Italian-American group Fiat Chrysler, Stellantis is the world’s fourth largest carmaker with 14 brands including Opel, Jeep, Ram and Maserati, and like its peers faces an investor community keen for a road map to an electric lineup to rival Tesla . Speaking during Stellantis' first annual shareholders meeting, Chief Executive Carlos Tavares said that in 2021 the carmaker expects sales of electrified vehicles — that is, both plug-in hybrids and fully electric models — to more than triple to over 400,000 units in 2021. By 2025, electrified vehicles should make up 38% of European sales, a huge jump from the 14% of sales it expects in 2021. Tavares said by 2030 electric models should make up 70% of European sales and 35% of U.S. sales. He said Stellantis will use four electric platforms for passenger vehicles across its 14-brand empire — small, medium and large sizes for cars, and "frame" for high-margin SUVs and pickup trucks. Sweden's Volvo said this month its lineup would be fully electric by 2030, and Ford Motor Co said in February its lineup in Europe would be too. BMW has said at least 50% of its car sales should be fully-electric models by 2030. Sales of electric and plug-in hybrid cars in the European Union almost trebled to over 1 million vehicles last year, accounting for more than 10% of overall sales. Green Alfa Romeo Fiat Jeep Maserati Citroen Lancia Opel Peugeot Vauxhall Electric Hybrid Stellantis

The Jeep Wrangler is finally getting modern headlights for 2017

Some of Jeep's headlights leave a lot to be desired – namely light output. In particular, the halogen lamps on the Wrangler and Cherokee have been called out by the IIHS as among the worst on the market. Things should improve for 2017, as Jeep is addressing the sorry illumination by adding LED or HID headlight options for the Wrangler, Cherokee, and Renegade. Thank heavens (or, you know, the IIHS for upping its lighting requirements). In the Wrangler's case, the decision to develop an LED for a single model year of the JK before its replacement arrives – or two if you count the extended run of the current model alongside the new one – might seem strange, but we aren't complaining. The current headlights are one retro cue that sorely needed eradicating, plus this almost guarantees LEDs for the next-gen model. Any 2017 Wrangler can be equipped with the new LED headlights and fog lights – the LED lighting group will be optional on the Sport and Sport S, and standard on Sahara and Rubicon. The Cherokee is a slightly different story – HID headlights are currently optional on that model's Limited and High Altitude trims and standard on the range-topping Overland. Next year, the brighter, more focused lamps will be standard on everything but the base Sport model, where they'll be optional. For the wee Renegade, meanwhile, HIDs are a "late availability" option as part of the safety and security group on Latitude, Limited, and Trailhawk trim levels. If you want a 2017 Renegade Sport with the better lights, though, you're out of luck. Jeep hasn't announced pricing for its 2017 offerings, so we don't know what sort of premium the LED and HID headlamps will add. We just know that whatever the price, it will be worth it. And you can bet each unit will have some sort of Easter egg Jeep design detail on it. Related Video: Featured Gallery 2017 Jeep Wrangler and Wrangler Unlimited View 14 Photos Related Gallery 2017 Jeep Cherokee View 54 Photos Related Gallery 2017 Jeep Renegade View 49 Photos News Source: JeepImage Credit: Jeep Jeep Crossover SUV Off-Road Vehicles headlights jeep renegade