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Stellantis invests more than $100 million in California lithium project

Stellantis said it would invest more than $100 million in California's Controlled Thermal Resources, its latest bet on the direct lithium extraction (DLE) sector amid the global hunt for new sources of the electric vehicle battery metal. The investment by the Chrysler and Jeep parent announced on Thursday comes as the green energy transition and U.S. Inflation Reduction Act have fueled concerns that supplies of lithium and other materials may fall short of strong demand forecasts. DLE technologies vary, but each aims to mechanically filter lithium from salty brine deposits and thus avoid the need for open pit mines or large evaporation ponds, the two most common but environmentally challenging ways to extract the battery metal. Stellantis, which has said half of its fleet will be electric by 2030, also agreed to nearly triple the amount of lithium it will buy from Controlled Thermal, boosting a previous order to 65,000 metric tons annually for at least 10 years, starting in 2027. "This is a significant investment and goes a long way toward developing this key project," Controlled Thermal CEO Rod Colwell said in an interview. The company plans to spend more than $1 billion to separate lithium from superhot geothermal brines extracted from beneath California's Salton Sea after flashing steam off those brines to spin turbines that will produce electricity starting next year. That renewable power is expected to cut the amount of carbon emitted during lithium production. Rival Berkshire Hathaway has struggled to produce lithium from the same area given large concentrations of silica in the brine that can form glass when cooled, clogging pipes. Colwell said a $65 million facility recently installed by Controlled Thermal can remove that silica and other unwanted metals. DLE equipment licensed from Koch Industries would then remove the lithium. "We're very happy with the equipment," he said. "We're going to deliver. There's just no doubt about it." Stellantis CEO Carlos Tavares called the Controlled Thermal partnership "an important step in our care for our customers and our planet as we work to provide clean, safe and affordable mobility." Both companies declined to provide the specific investment amount. Controlled Thermal aims to obtain final permits by October and start construction of a commercial lithium plant soon thereafter, Colwell said. Goldman Sachs is leading the search for additional debt and equity financing, he added.

2019 Jeep Cherokee base model costs less, but other prices jump

Jeep just recently revealed the revised 2019 Cherokee crossover with a milder nose and tail, and even a bit more cargo space. The redesign has also brought new pricing that presents a $300 discount for the base Latitude trim, but sees increases across most of the rest of the trim lines. The destination charge also increased from $1,095 to $1,195. Four-wheel-drive is now a flat $1,500 increase for all models, whereas it varied between trims on the 2018 model. At the base of the Cherokee lineup is the Latitude, which now gets a price of $25,190, and that $300 reduction from the 2018 model carries over to the four-wheel-drive version. Latitude Plus sees a slight jump in price by $300 for the two-wheel- and four-wheel-drive models, with the two-wheel-drive one starting at $27,690. The Limited trim is up by $680 with both drivetrains, with a base price of $31,570 for one with two-wheel-drive. The biggest price increases come on the Trailhawk and Overland models. The Trailhawk soars $2,425 higher than last year's model, for a base price of $34,515. The Overland two-wheel-drive model also sees a big increase of $2,280 to a starting price of $36,275. But if you want four-wheel-drive in your Overland, the difference is a much more reasonable $535, for a base total of $38,970. View 104 Photos The 2019 Jeep Cherokee will be arriving at dealers soon. In addition to front-wheel-drive and two kinds of four-wheel-drive drivetrains, one with a single gear range and another with low range, a selection of three engines will be available. The standard engine on all Latitude, Latitude Plus, and front-wheel-drive Limited is a naturally aspirated 2.4-liter engine with 180 horsepower and 170 pound-feet of torque. All of those trims can have the optional 3.2-liter naturally aspirated V6 making 271 horsepower and 239 pound-feet of torque. The aforementioned Latitude Plus and Limited trims also have the new turbocharged 2.0-liter four-cylinder available as an option. That engine makes 270 horsepower and 295 pound-feet of torque. The four-wheel-drive Limited, and all Overland and Trailhawk trims have the V6 as a standard engine with the turbo four-cylinder as an option. All engines are coupled to a nine-speed automatic transmission. Related Video: Featured Gallery 2019 Jeep Cherokee: Detroit 2018 View 21 Photos Image Credit: Drew Phillips, Jeep Jeep Car Buying Crossover SUV Off-Road Vehicles

Some Jeep Cherokees and Chrysler 200s to get standard stop-start in 2015

Automakers the world over are striving to find ways to make their models more efficient, and Chrysler has a solution for some versions of the 2015 Chrysler 200 and 2015 Jeep Cherokee (2014 model shown). The Tigershark 2.4-liter four-cylinder in the 200 and the 3.2-liter Pentastar V6 in the Cherokee are getting a slight boost later this year thanks to the addition of Chrysler's Engine Stop-Start system as standard equipment. The company predicts modest gains - a three-percent improvement in fuel economy and a three percent reduction in CO2 emissions with the new tech compared to without it. While it's not much, those who sit in traffic a lot may see a difference.
Chrysler's stop/start system uses a high-speed starter motor to restart the vehicle in a claimed a third of a second. It works by detecting when the vehicle comes to a stop and turning off the engine. A more powerful battery maintains all of the model's accessories while it sits. When the driver lets off the brake, the car starts up again to drive away. There is even a button in the cabin to turn the ESS off, if desired.
The Jeep will be the first to receive ESS in the third quarter of this year to coincide with the start of production of the 2015 model-year version. The 200 will follow in the fourth quarter as a rolling change in production.