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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.

Maserati Ghibli 334 Ultima First (and Final) Drive Review: Arrivederci V8

BORMIO, Italy – Maserati has sold more than 100,000 cars with a V8 engine. Its smallest V8s had 3.2 liters of displacement; its biggest were 4.9-liter units. Its first V8 powered the rare, short-lived V8RI race car released in 1935; its final V8s will be built in December 2023 for the Ghibli, Quattroporte and Levante. After that, the curtains come down. Officially, the Italian brand explains its new, 3.0-liter Nettuno V6 (a brilliant engine thatÂ’s twin-turbocharged to 621 horsepower and 538 pound-feet of torque in the MC20) leaves nothing to be desired in terms of performance. Privately, insiders also cite looming emissions regulations in key markets as a reason for finally hopping on the downsizing train. Will the V8 ever come back? “Never say never,” IÂ’m told, though a return isnÂ’t planned as of this writing. To hell with heritage; the cost of summoning a dark cloud of disapproval from regulators around the world outweighs whatever benefits Maserati would reap by saving the V8 in the name of tradition. ItÂ’s the end of the V8 era, then, and Maserati is commemorating it with two limited-edition models called Ghibli 334 Ultima and Levante V8 Ultima, respectively. The Quattroporte is available with a V8 as well, but a special-edition version of the big sedan isnÂ’t in the pipeline because Maserati wanted to focus on its better-selling models. In both cases, the Italian company has saved the best for last. The Ghibli 334 Ultima stands out with an edition-specific color called Persia Blu, 21-inch Orione wheels, Pirelli P-Zero tires made using a stickier compound, and several carbon fiber bits (such as the door mirror caps) that save about 55 pounds. The Rubino Red “334” logo painted on each fender denotes the new top speed: 334 kilometers per hour, which represents about 207 miles per hour and makes the 334 faster than the Trofeo itÂ’s based on by 5 mph — itÂ’s also the fastest sedan on the market. The previous title holder, BentleyÂ’s Continental Flying Spur, tops out at 333 kph, which also converts to about 207 mph, but Maserati is Italian and uses the metric system to measure its bragging rights. The sedanÂ’s 0-to-62-mph time drops from 4.3 to 3.9 seconds, but the engine remains the same: ItÂ’s the tried-and-true 3.8 rated at 572 horsepower and 538 pound-feet of torque. Inside, the 334 Ultima comes with two-tone Pale Terracotta and black upholstery that echoes some of MaseratiÂ’s classic models without going full-on retro.

Maserati electrified the new Grecale SUV, and it's the top performer

Maserati is going electric, first with the announcement of the GranTurismo Folgore, its first electrified performance car, and now with the reveal of the Grecale Folgore electric SUV. The brand announced the vehicle at the Shanghai Auto Show this week, along with the promise that all its models would offer electric options by 2025. The 550-horsepower electric SUV gets a dual-motor powertrain, which delivers 605 pound-feet of torque, and standard all-wheel drive. Maserati promises a range of around 311 miles (500km) and a top speed of 137 mph. Compare that with the gas-powered Grecale Modena’s 325 horsepower, and itÂ’s clear this will be the performance halo of the SUV line. Though electric, the Grecale Folgore retains MaseratiÂ’s signature grille look and trident logo up front. ItÂ’s a more traditional presentation than the weird closed-off nose many EVs carry, and the automaker left its iconic three-porthole styling element on the front fenders. Wheel sizes range from 19 to 21 inches, depending on the market, and the SUV gets gloss-black exterior trim. Maserati installed a 12.3-inch touchscreen and an 8.8-inch digital gauge cluster and said that many of the Grecale FolgoreÂ’s controls have gone digital in the infotainment system. Wireless Apple CarPlay and Android Auto join a few Chinese-market apps like WeChat and Baidu CarLife, and the Maserati digital assistant system has been updated for the electric SUV. Grecale Folgore buyers can work with Maserati on home or public charging solutions, including facilitating charging across Europe and China. The automaker can facilitate home charging installation, including shipping a wallbox charger to buyersÂ’ homes or offices. The SUV itself comes with 400-volt electric architecture, as well as battery preconditioning and temperature management to ensure the fastest charging. We donÂ’t have pricing or a U.S. release date for the new SUV, but Maserati talked more about its first EV, the GranTurismo Folgore, at the show. The car features more than 750 horsepower at the wheels and an 800-volt electrical system for ultra-fast charging. Gas versions of the car are available with up to 542 horsepower from a twin-turbo V6. Green Auto Shanghai Maserati Electric