1987 Alfa Romeo Spider Graduate Convertible 2-door 2.0l on 2040-cars

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Stellantis and LG launch joint venture for North American battery plant

Stellantis has struck a preliminary deal with battery maker LG Energy Solution (LGES) to produce battery cells and modules for North America, as the world's No. 4 automaker rolls out its 30 billion euro ($35 billion) electrification plan. Global automakers are investing billions of euros to accelerate a transition to low-emission mobility and prepare for a progressive phase-out of internal combustion engines. Stellantis and LGES's joint venture will produce battery cells and modules at a new facility with an annual capacity of 40 gigawatt hours (GWh), the two firms said on Monday. No financial details of the deal were provided. The plant is scheduled to start production by the first quarter of 2024, with groundbreaking expected in the second quarter of 2022, the companies said in their statement. Its location is under review and will be announced later. Stellantis, formed in January from the merger of Italian-American automaker Fiat Chrysler and France's PSA, has said it wants to secure more than 130 GWh of global battery capacity by 2025 and more than 260 GWh by 2030. The batteries produced under the deal will supply Stellantis' U.S., Canadian and Mexican assembly plants for installation in hybrid and fully electric vehicles, supporting its goal of e-vehicles making up more than 40% of its U.S. sales by 2030. The company, whose brands include Peugeot, Fiat, Opel and U.S. best-sellers Jeep and Ram, earlier this year announced it would invest more than 30 billion euros through 2025 on electrifying its vehicle lineup. Stellantis has said it would build three battery plants in Europe and two in North America, including at least one in the United States. Intesa Sanpaolo analyst Monica Bosio said the deal was positive, and a further step ahead in Stellantis' electrification process. It comes weeks after Stellantis and its partner TotalEnergies agreed to open up their battery cell joint venture ACC to Daimler, to expand their European sourcing of battery cells. Stellantis is also targeting more than 70% of sales in Europe to be of low-emission vehicles by 2030, and aims to make the total cost of owning an EV equal to that of a gasoline-powered model by 2026. Related video: Green Plants/Manufacturing Alfa Romeo Chrysler Dodge Ferrari Fiat Jeep Maserati RAM Citroen Lancia Opel Peugeot Vauxhall Electric Hybrid EV batteries LG

Fiat Chrysler trademarks Kamal, likely for small Alfa CUV

We have Alfa Romeo news to share, and for once it's not about a product delay. Fiat Chrysler has trademarked the name Kamal and we think it will be used on one of two crossovers planned to follow the (delayed) Stelvio. Fiat Chrysler trademarked the name Kamal last month. Because trademark filings are intentionally vague, there is no specific brand attached to the application, only parent company FCA. The link to Alfa comes from a small CUV concept that used the name way back in 2003. If we had to wager, we'd say this one will be smaller than the midsize, Giulia-based Stelvio and could use a version of the same platform or whatever will underpin the brand's (eventual) small hatchback. It probably won't come in gold like the concept. We hope not, at least. Interestingly, there's no trademark for Stelvio in the US Patent and Trademark Office's database. That name was confirmed by Sergio Marchionne in February, but anyone familiar with recent Alfa news knows things change. And then they get pushed back and change again. About that waiting, though. Alfa's product plans have been made and amended, the gorgeous Giulia has been delayed, and now things seem to be on track. Maybe. If the latest trademark filing is any indication, the brand is at least thinking about what's supposed to come next. Related Video:

Upcoming Alfa Romeo CUV called the Stelvio, Marchionne says

Alfa Romeo will call its forthcoming crossover the Stelvio, and the Italian brand will finally put the often-postponed CUV on sale in Europe in early 2017, according to Auto Express citing FCA CEO Sergio Marchionne. We probably won't see it in showrooms here until at least spring or summer next year. The vehicle's name references the famously curvy pass through the Alps in Northern Italy, which evokes a model with sharp handling and rapid acceleration. The Stelvio uses a modified Giulia platform, and the two models should share powertrains. Standard versions would likely get a 2.0-liter turbocharged four-cylinder, which makes 276 horsepower in the sedan. However, the common parts make a Quadrifoglio version of the CUV possible, packing the hottest Giulia's 505-hp 2.9-liter twin-turbo V6, according to Auto Express. Alfa Romeo hasn't teased the Stelvio's design yet, but FCA designer Ralph Gilles posted a photo on Instagram that might have been a hint. The picture showed fellow designer of Lorenzo Ramaciotti in the back of an unnamed crossover. The dashboard, which you could see in that shot, had a distinct similarity to the Giulia. The shot didn't show much of the exterior, but you could barely make out the narrow taillights. Alfa Romeo has had serious problems launching vehicles on time recently, and the Giulia sedan and Stelvio should have been ready by now. The four-door was originally supposed to arrive in late 2015, but Marchionne said assembly would finally begin on March 14, according to Auto Express. The sedan has allegedly had problems passing internal crash tests, but Alfa officials vehemently denied this claim. The brand also delayed the CUV by several months from the original plans. The automaker now asserts that six more models are on the way by 2020, but the company doesn't seem capable of living up to those promises. Related Video: