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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

Jeep Wrangler pickup's rear suspension is inspired by Ram

Although we've learned about all there is to know about the new Jeep Wrangler, there is still more to discover about its upcoming truck sibling, such as the rear suspension. We knew it would be coil-sprung, but these new spy shots also indicate that the suspension is more similar to what's under a Ram 1500 than the Wrangler SUV. In the gallery above, the first two images compare the rear suspension of a new-generation 2018 Wrangler (left) and the Wrangler pickup (right). Immediately obvious is that the shocks on the Wrangler SUV are mounted at the back of the axle, while the truck's shocks are mounted at the front. It's also possible to see that the anti-roll bar on the SUV is mounted quite high up, while the truck's bar sits much lower, near the base of the rear axle. The third image shows a Ram 1500 on the left and the Wrangler pickup on the right. Here we can see that the Ram shares the same sort of low-mounted anti-roll bars and forward-mounted shocks, along with a Panhard rod. The two aren't quite the same, though. For one thing, the Wrangler pickup's rear axle looks more like the Wrangler SUV's than the one on the Ram. It's possible that these suspension changes were made in an effort to boost the Wrangler truck's payload capabilities. It's also possible that there are some handling quirks to the long truck body style for which a Ram-style suspension was better suited. We'll look forward to learning more about the differences when the truck is revealed, likely in early 2019. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Stellantis will build four electric vehicles in Italy, say union reps

MILAN — Stellantis will produce four medium-segment electric vehicles, of different brands, at its Melfi plant in southern Italy from 2024, the UILM union said on Tuesday. Since Stellantis was formed at the beginning of this year through the merger of Fiat Chrysler and France's PSA, production in Italy has been under scrutiny for costing more than elsewhere in Europe. "Stellantis announced that Melfi would be the first plant in Italy to get new models, based on post-2022 business plan," UILM said in a statement after workers' representatives met with the carmaker at Italy's industry ministry in Rome. Future production at Melfi will be based on a single enhanced production line that will merge the two existing ones, the union said, adding the restructuring will leave production capacity at the site unchanged at around 400,000 units. UILM's head, Rocco Palombella, said unions had not received all the answers they wanted as Stellantis was still working on its new business plan. "But the positive element is that the company has not absolutely called for structural redundancies," he said after the meeting. Stellantis Chief Executive Carlos Tavares has said the group would present its business plan late this year or in early 2022. Stellantis, the world's fourth-largest carmaker, gave no details about what was discussed at the meeting. In an earlier statement the company said it was working "with determination and speed" to support the energy transition of all its Italian sites. Italy's Industry minister, Giancarlo Giorgetti, however, said in a separate statement after the meeting that Stellantis had yet to decide where it would build its third electric battery plant in Europe. Stellantis, which already has two battery factory projects in France and Germany, has said adding gigafactories in Europe and the United States would be decided this year. The company is holding talks on this with Rome, as Italy is one of its main production hubs in Europe. Related video: Green Plants/Manufacturing Alfa Romeo Fiat Jeep Citroen Opel Peugeot Stellantis