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Stellantis announces ‘Circular Economy’ business to drive revenue, decarbonization

Stellantis has already announced its plans to reach net-zero carbon emissions by 2038. Today, the automaker has announced a new business unit to help it reach that goal while generating 2 billion euros per year in revenue by 2030. The “Circular Economy” business will help make revenue less dependent on finite, rare and ecologically problematic materials. The Circular Economy model features what Stellantis calls a “4R” strategy, comprising remanufacturing, repair, reuse and recycling. The goal is to make materials last as long as they can, reducing reliance on the acquisition of those precious new materials in the future by returning them to the business loop when theyÂ’ve reached the end of their first life. Through these processes, Stellantis says it can save up to 80% raw material and 50% energy compared to manufacturing a new part. Remanufacturing, or “reman” in Stellantis shorthand, means dismantling, cleaning and rebuilding parts to OEM spec. Nearly 12,000 remanufactured parts are available for customers to purchase. Some remanufacturing is done in-house, and some with partners and through joint ventures. Repair is pretty obvious — fixing parts to put back into vehicles. This also consists of reconditioning, to make a vehicle feel like new. Stellantis boasts 21 “e-repair” centers for repairing electric vehicle batteries.  Reuse refers to parts still in good condition from end-of-life vehicles sold as-is. Stellantis says it has 4.5 million multi-brand parts in inventory. These are sold in 155 countries through the B-Parts e-commerce platform. Reuse also refers second-life options, such as using batteries outside of automotive purposes. Recycling involves dismantling parts and scraps back into raw material form that is then looped back into the manufacturing process. Stellantis says it has collected 1 million parts for recycling in the past six months. Recycling doesnÂ’t get counted in that aforementioned 2 billion euros of revenue, but it does save the company money on acquisition of raw materials. As for batteries, specifically, Stellantis expects this recycling business to ramp up after 2030, when the packs currently in service begin to reach the end of their lifecycle. Stellantis will use its new “SUSTAINera” label to denote parts that are offered as part of its Circular Economy business.

Zagato to reveal new Maserati-powered Mostro at Villa d'Este

Zagato has a record of collaborating with some of Europe's finest automakers, but it's the storied past it shares with Maserati that the coachbuilder will be celebrating at the Concorso d'Eleganza Villa d'Este this summer. And that's where Zagato will reveal the Mostro, previewed here. The coachbuilt custom pays tribute to the 1957 Maserati 450 S – known as "il Mostro" for its monstrous power. The Zagato-bodied coupe (one of its last designs not to use the Kamm tail) was commissioned and raced by Stirling Moss at Le Mans, and supposedly remained the most powerful front-engined racecar in the world into the 1990s. This modern tribute is built around a carbon monocoque, with a dry-sump Maserati V8 mounted up front but between the axles for optimal weight distribution, driving a six-speed semi-automatic rear transaxle. The design comes from the same studio that gave us such recent creations as the Alfa Romeo TZ3 and Perana Z-One, and shares some similar design traits, but with quasi-pontoon front fenders capping the long nose and swept-back greenhouse. In correspondence with Autoblog, Zagato confirms that the Mostro is designed for the track, but will be "ready for street homologation." The carrozzeria will build five examples before Maserati's current centenary year is over. Each has already been spoken for, though none are headed to customers in the US. Coachbuilders seldom reveal pricing for this type of project (particularly when they've all been pre-sold), but we're told that "none of Zagato's atelier cars exceed 1 million. As collectible cars, the value of a Zagato typically overcomes the purchasing price within a few years." We'll look forward to seeing the finished product in full once it's ready. In the meantime you can view it – along with a brief pictorial history of the relationship between Maserati and Zagato – in the slideshow above and the details in the trio of texts below. Related Video: Mostro powered by Maserati at the 2015 Concorso d'Eleganza Villa d'Este Cernobbio, May 2015. The Mostro powered by Maserati is the latest creation of Zagato's current Iconic decade, a new tradition for the atelier that began at the end of coachbuilder's Neoclassical period (2000-2010) to celebrate the most iconic models of automotive history. Marking the delivery of the first customer car, Zagato will present the new Mostro as a world premiere at the Concorso d'Eleganza Villa d'Este.

Maserati GranCabrio Folgore Tignanello is a wine-themed drop-top

Maserati is celebrating two of Italy's best-known exports, cars and wine, with a one-off version of the electric GranCabrio Folgore named Tignanello. The convertible was created by the brand's Fuoriserie department to celebrate 50 years of a type of wine called Tignanello. The one-of-a-kind GranCabrio was built for an Italian wine company called Marchesi Antinori, and Maserati explains that its designers were inspired by vineyards. It starts with the paint: the convertible is finished in a wine-esque shade of red called Terra di Tignanello that was created specifically for it. Flat-black 20-inch wheels, gloss-black brake calipers, and a black soft top add a touch of contrast to the look. More vineyard-inspired details are found inside. The seats are upholstered with a blend of beige leather and burgundy Vegea, which is a biomaterial made from the stalks, skins, and pips of grapes — in a way, you're sitting on wine. The stripes on the seats echo the rows of vines in a vineyard, while the dark briar wood trim is inspired by the printing burned into the oak barrels used to age Tignanello wine. You can also learn a thing or two about the wine's history: historical details are lasered into some of the trim pieces, though they're written in Italian. Power comes from three electric motors that draw electricity from a T-shaped, 92.5-kilowatt-hour lithium-ion battery to zap the four wheels with 750 horsepower and 995 pound-feet of torque. Maserati pegs the 5,200-pound GranCabrio's zero-to-60-mph time at 2.8 seconds. If you like wine as much as you like Italian cars, it's not too late to put the GranCabrio Folgore Tignanello in your garage. It will be auctioned off on July 14 at the Festival Napa Valley Arts for All Gala taking place on July 14 in California. The proceeds will be donated to charity. Pricing for the regular-production GranCabrio Folgore starts at about $205,000, but the one-off should sell for considerably more.