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Stellantis invests in Italy to boost electrified vehicle production

Electric Cars Report

Global automotive giant Stellantis N.V. today announced two additional major initiatives within its Italian industrial footprint aimed at further driving the Company’s transformation of its global electrification value chain and supporting its aggressive decarbonisation targets.

Italy 134
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Mercedes-Benz joins Automotive Cells Company (ACC) as future equal shareholder; third gigafactory slated for Italy

Green Car Congress

The partners have committed to increase ACC’s industrial capacity to at least 120 GWh by 2030. In addition, ACC’s industrial footprint will be enriched by a third production site in Termoli, Italy. Stellantis brings industrialization expertise to the joint venture through its brand diversity, size and global footprint.

Italy 319
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BorgWarner acquires Italy-based EV charging industry

Baua Electric

As BorgWarner grows its portfolio of e-products, it’s concentrated on the derivative of its gasoline portions and aftermarket industry, renamed Phinia, to be carried out by way of July 3. The post BorgWarner acquires Italy-based EV charging industry appeared first on Bauaelectric Auto News.

Italy 52
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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

Green Car Congress

More than two-thirds (68%) of lithium-ion battery production planned for Europe is at risk of being delayed, scaled down or cancelled, according to new analysis by the European NGO Transport & Environment. Battery production capacity equivalent to 18 million electric cars—1.2 Europe must act or risk losing it all.

Companies 430
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BorgWarner acquires EV charging industry in Italy for roughly $80 million

Baua Electric

As BorgWarner grows its portfolio of e-products, it’s focused on the derivative of its gasoline portions and aftermarket industry, renamed Phinia, to be performed through July 3. The post BorgWarner acquires EV charging industry in Italy for roughly $80 million appeared first on Bauaelectric Auto News.

Italy 52
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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

Green Car Congress

After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas.

Gas 243
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STMicroelectronics to build SiC facility for EV power devices and modules in Italy – Charged EVs

Baua Electric

Switzerland-based semiconductor manufacturer STMicroelectronics plans to build a new high-volume silicon carbide (SiC) manufacturing facility for power devices and modules, as well as test and packaging, alongside its SiC substrate manufacturing facility in Catania, Italy.

Italy 40