Abarth

Aspen Aerogels, Inc. Announces Additional EV Thermal Barrier Commercial Award and Provides Update on U.S. Department of Energy Loan Application Status

Retrieved on: 
Tuesday, December 5, 2023
Insulator (electricity), NYSE, Peugeot, Car, Maserati, ACC, Fiat, Alfa Romeo, Wesley Leasy, DS Automobiles, Mercedes-Benz, ASPN, Lancia, DOE, Opel, EV, LPO, Letter, Ram, Jeep, Dodge, Abarth, Aspen, Stellantis

NORTHBOROUGH, Mass., Dec. 5, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced a commercial award for its PyroThin® EV Thermal Barrier segment and provided an update on its application for a loan through the U.S. Department of Energy Loan Programs Office.

Key Points: 
  • NORTHBOROUGH, Mass., Dec. 5, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced a commercial award for its PyroThin® EV Thermal Barrier segment and provided an update on its application for a loan through the U.S. Department of Energy Loan Programs Office.
  • Aspen announces an additional PyroThin vehicle platform award from The Automotive Cells Company ("ACC"), a battery cell joint venture between Stellantis N.V., Saft-TotalEnergies and Mercedes-Benz, to supply the Stellantis STLA Medium vehicle platform with an expected start of production in 2025.
  • This application is in connection with the construction of Aspen's planned second aerogel manufacturing facility in Georgia.
  • "The European market will drive a meaningful portion of our revenues over the next few years as we maximize our existing assets and commercial arrangements."

Alps Alpine Recognized as Stellantis' North American Supplier of the Year

Retrieved on: 
Monday, November 6, 2023
Car, Lancia, Opel, STLA, NYSE, System, Peugeot, Alfa Romeo, Chrysler, Ram, Partnership, DS Automobiles, Dodge, Fiat, Abarth, Maserati, Tunnel, Wesley Leasy, Stellantis

AUBURN HILLS, Mich., Nov. 6, 2023 /PRNewswire/ -- Alps Alpine North America, Inc. announced today that it was named Stellantis' North American Supplier of the Year during the Company's third annual Global Supplier Awards ceremony at the Conner Center in Detroit.

Key Points: 
  • AUBURN HILLS, Mich., Nov. 6, 2023 /PRNewswire/ -- Alps Alpine North America, Inc. announced today that it was named Stellantis' North American Supplier of the Year during the Company's third annual Global Supplier Awards ceremony at the Conner Center in Detroit.
  • Alps Alpine was recognized for their collaboration and partnership in creating industry-leading products, including Premium Audio Systems, as well as for their innovation and technology in new products.
  • This is the second Supplier of the Year award Alps Alpine has received from Stellantis.
  • "We are honored to be recognized by Stellantis as the top supplier in North America," said Robert Hill, President and CEO of Alps Alpine North America.

McEwen Copper Closes ARS $42 Billion Investment by Stellantis

Retrieved on: 
Wednesday, October 11, 2023
Carbon, Fund for Protection of Investors' Rights in Foreign States, Maserati, Cathode, NYSE, TSX, Chrysler, Dodge, Lancia, MUX, Transaction, Copper, Abarth, MacEwen, Alfa Romeo, RAM, IRA, Car, Peugeot, Fiat, Opel, DS Automobiles, Sale, ARS, Leasi Papali'i Tommy Scanlan, Los Azules mine, Stellantis

Stellantis N.V. (“Stellantis”), which in February 2023 invested ARS $30 billion, has today invested an additional ARS $42 billion in Argentina to acquire shares of McEwen Copper in a private placement of 1,900,000 common shares.

Key Points: 
  • Stellantis N.V. (“Stellantis”), which in February 2023 invested ARS $30 billion, has today invested an additional ARS $42 billion in Argentina to acquire shares of McEwen Copper in a private placement of 1,900,000 common shares.
  • Giving effect to the pending investment by Nuton LLC, also announced today, Stellantis increases its ownership to 19.4% of McEwen Copper and McEwen Mining owns 47.7% on a fully diluted basis.
  • In connection with the Transaction, McEwen Copper and certain of its affiliates amended the Investor Rights Agreement with Stellantis (the "Stellantis IRA”) and the Copper Cathodes and Concentrates Purchase Rights Agreement (the “CCCPRA”), further described below.
  • The Stellantis IRA was amended to make the Carbon Neutral Commitment by 2028 not contingent on Stellantis maintaining a certain minimum ownership percentage in McEwen Copper.

Argentina Lithium Closes US$90 Million Investment by Stellantis in ARS$ Equivalent

Retrieved on: 
Thursday, October 5, 2023
Lithium, Maserati, OTC, Lonsdale Energy Corp, Chrysler, Dodge, Lancia, Transaction, Abarth, Alfa Romeo, RAM, ALE, Exercise, FSE, News, Car, Peugeot, Fiat, Opel, DS Automobiles, ARS, Security (finance), Leasi Papali'i Tommy Scanlan, Stellantis

VANCOUVER, BC, Oct. 5, 2023 /PRNewswire/ - Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF), ("Argentina Lithium" or the "Company") is pleased to announce closing of the US$90 million1 investment in AR$ equivalent in Argentina Litio y Energia S.A. ("ALE") by Stellantis (defined below) (the "Transaction"), as previously announced in the Company's news release dated September 27, 2023.

Key Points: 
  • VANCOUVER, BC, Oct. 5, 2023 /PRNewswire/ - Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF), ("Argentina Lithium" or the "Company") is pleased to announce closing of the US$90 million1 investment in AR$ equivalent in Argentina Litio y Energia S.A. ("ALE") by Stellantis (defined below) (the "Transaction"), as previously announced in the Company's news release dated September 27, 2023.
  • Pursuant to the Transaction, Peugeot Citroen Argentina S.A., a subsidiary of Stellantis N.V. ("Stellantis"), has invested the ARS$ equivalent of US$90 million1 in Argentina to acquire shares of ALE (the "ALE Shares").
  • In connection with the Transaction, the parties have also entered into a lithium offtake agreement, a shareholders' agreement with respect to ALE and, upon exercise of the Exchange Right, Argentina Lithium and Stellantis will enter into an investor rights agreement.
  • As a result of the Transaction, Stellantis owns 19.9% of the issued and outstanding ALE Shares and Argentina Lithium owns 80.1%.

Argentina Lithium Announces US$90 Million Investment by Stellantis in ARS$ Equivalent

Retrieved on: 
Wednesday, September 27, 2023
Lithium, Sino-Japanese Journalist Exchange Agreement, Exercise, LLP, Shareholder, PI, ARS, Abarth, Peugeot, Car, Dodge, FSE, Exchange, Fiat, IRA, Sale, Opel, Certification, International investment agreement, Lancia, Maserati, Acquisition, Alfa Romeo, RAM, Environmental Defense v. Duke Energy Corp., OTC, Transaction, Indian stock exchange, ALE, Liverpool Offtake Reservoir, DS Automobiles, Chrysler, Transport, Holding company, Security (finance), Real estate, Stellantis, Leasi Papali'i Tommy Scanlan

As a result of the Transaction, Stellantis will own 19.9% of the issued and outstanding ALE Shares and Argentina Lithium will own 80.1%.

Key Points: 
  • As a result of the Transaction, Stellantis will own 19.9% of the issued and outstanding ALE Shares and Argentina Lithium will own 80.1%.
  • Argentina Lithium President & Chief Executive Officer Nikolaos Cacos said: "We are delighted to have Stellantis as a partner in the future development of our lithium projects in Argentina.
  • At closing of the Transaction, Argentina Lithium and Stellantis will enter into an exchange agreement (the "Exchange Agreement").
  • In addition, upon exercise of the Exchange Right, Argentina Lithium will enter into an Investor Rights Agreement with Stellantis (the "Stellantis IRA").

Stellantis to Invest in a New ‘grEEn-campus’ in Mirafiori, Italy

Retrieved on: 
Monday, July 3, 2023
Heart, Abarth, Assembly, Carbon footprint, Generous, PHEV, Initiative, Fiat, Carbon, History, Folgore, Creativity, Gran Turismo, Architecture, Environment, R, Dare, Polytechnic University of Turin, Polytechnic, Employee experience design, Education, Renewable energy, Asset management, Civil engineering, Maserati Levante, Poissy, Fiat Mirafiori, Stellantis

Mirafiori is the next Stellantis site in the first phase of the program, joining facilities in Poissy, France, and Rüsselsheim, Germany.

Key Points: 
  • Mirafiori is the next Stellantis site in the first phase of the program, joining facilities in Poissy, France, and Rüsselsheim, Germany.
  • The transformation program directly supports Stellantis’ carbon net zero by 2038 target outlined in the Dare Forward 2030 strategy.
  • Stellantis grEEn-campuses are located in core countries where Stellantis has a rich history.
  • The dedicated operation will enable the expansion of Stellantis’ current activities and support its “cradle-to-cradle” business model in Europe.

Vehya Collaborates with Utilimaster and Stellantis to Extend EV Installation Services into Mexico

Retrieved on: 
Monday, June 26, 2023
Partnership, The Shyft Group, EV, Abarth, STLA, Peugeot, EVSE, Car, Dodge, Fiat, Opel, BEV, Lancia, Maserati, Alfa Romeo, Ram, Kyōto Station, DS Automobiles, Chrysler, Utilimaster, NYSE, Airline, Stellantis, Wesley Leasy, LATAM

Building on their ongoing expansion efforts in Mexico since February, Vehya has joined forces with industry partners to spearhead the installation of Free2Move electric chargers throughout the region.

Key Points: 
  • Building on their ongoing expansion efforts in Mexico since February, Vehya has joined forces with industry partners to spearhead the installation of Free2Move electric chargers throughout the region.
  • The agreement marks an important milestone in Vehya's expansion, as the company collaborates with industry leaders in the LATAM area to address the quickly growing market.
  • Mexico's thriving EV industry offers compelling development potential, as Vehya is committed to prioritizing EV development in LATAM.
  • Vehya excitedly joins the growing Mexican EV market, where it will have an integral part in permitting the wider adoption of sustainable mobility solutions.

Stellantis Invests in Lyten's Breakthrough Lithium-sulfur EV Battery Technology

Retrieved on: 
Thursday, May 25, 2023
Lithium, Communication, Landing slot, STLA, Car, Dodge, Opel, Projection, Inflation, Disaster, Lancia, Maserati, Patent, DS Automobiles, Transport, NYSE, EV, Defense, Policy, Alfa Romeo, Nickel, Knowledge, Growth, Chrysler, Cobalt, Safety, Semiconductor, Manganese, Abarth, COVID-19, Peugeot, Multimedia, Carbon, Automotive Energy Supply Corporation, Silicon, Annual report, Natural gas, Polyethylene, Greenhouse, AFM, Battery, Fiat, NMC, Sulfur, Ram, Nature, Inflation Reduction Act of 2022, Health, CO2, Renewable energy, Electric battery, Carbon fibers, Leasi Papali'i Tommy Scanlan, Stellantis

This technology will meet the needs of industries seeking lightweight and energy-dense batteries that are free from supply chain disruptions.

Key Points: 
  • This technology will meet the needs of industries seeking lightweight and energy-dense batteries that are free from supply chain disruptions.
  • Stellantis launched Stellantis Ventures in 2022 as a venture capital fund committed to investing in early and later-stage startup companies developing innovative and sustainable technologies within the automotive and mobility sectors.
  • For press kit: lyten.com/media-kit/
    Established with an initial investment of €300 million, Stellantis Venture is the first Stellantis corporate venture fund.
  • Further information concerning Stellantis and its businesses, including factors that could materially affect Stellantis' financial results, is included in Stellantis' reports and filings with the U.S. Securities and Exchange Commission and AFM.

Safely Aware: Industry-leading V2X Activation Equips 1.8 Million Stellantis Vehicles With Emergency Vehicle Alert System

Retrieved on: 
Tuesday, May 23, 2023
Cloud, Shoulder, Abarth, Safety, STLA, Peugeot, Car, Accident analysis, EVAS, Dodge, Research, Multimedia, Fiat, Opel, BEV, NYSE, ESS, Lancia, Maserati, Crash, LED, SOS, Ram, Alfa Romeo, Weather, HELP, DS Automobiles, Chrysler, Dare, Jeep, Accident Analysis & Prevention, Environment, Software, Video game, Logging, Road transport, Mobile phone, Road, Online shopping, Stellantis, Wesley Leasy, V2X

EVAS alerts come from HAAS Alert's Safety Cloud platform, a vehicle-to-everything (V2X) and digital alerting solution used by thousands of public and private roadway fleets in North America.

Key Points: 
  • EVAS alerts come from HAAS Alert's Safety Cloud platform, a vehicle-to-everything (V2X) and digital alerting solution used by thousands of public and private roadway fleets in North America.
  • In addition to emergency vehicles, Safety Cloud receives and delivers notifications from tow trucks, disabled vehicles, work zones and arrow boards, highway gates and other connected assets and equipment on the road.
  • EVAS alerts, SOS calls and vehicle health reports via the Uconnect app form the foundation employing data from the vehicle to help Stellantis customers.
  • "Technology we offer today helps set the stage for future vehicle innovations," said Mamatha Chamarthi, Stellantis head of global software business management.

Stellantis Vehicles, Brands Stack Up Awards at 2023 TAWA Auto Roundup

Retrieved on: 
Monday, May 1, 2023
STLA, Car, Alfa Romeo Tonale, Challenger, Opel, SUV, Chrysler Pacifica (minivan), Lancia, Maserati, DS Automobiles, NYSE, Miles per gallon gasoline equivalent, Stelvio Pass, MSRP, Torque, Horsepower, Organization, Best Value, Alfa Romeo, Crossover (automobile), Chrysler, Minivan, Jeep, Abarth, Peugeot, Brotherhood, Cassino, Multimedia, Black ghost, CUV, Engineering, Chrysler Pacifica, Automobili Estrema, Hornet, Canon PowerShot, Dodge Charger, Pacifica, M-1 (Michigan highway), Fiat, Last Call, Eagle, Ram, Alfa Romeo Stelvio, Dodge Hornet, Boilermaker, Ridesharing, Industrial design, Dodge, Wesley Leasy, Stelvio, Lusso

The all-new Dodge Hornet impressed in its TAWA Auto Roundup debut, scoring the Crossover Utility Vehicle (CUV) of Texas title award.

Key Points: 
  • The all-new Dodge Hornet impressed in its TAWA Auto Roundup debut, scoring the Crossover Utility Vehicle (CUV) of Texas title award.
  • Dodge brand claimed a second of the four TAWA Auto Roundup title awards, with the 807-horsepower Dodge Challenger SRT Black Ghost, one of the Dodge brand's "Last Call" special-edition models, taking the prestigious Performance Vehicle of Texas award.
  • The Chrysler brand continued its domination at the TAWA Auto Roundup, with the Chrysler Pacifica plug-in hybrid extending the brand's win streak to seven consecutive years in the Minivan category.
  • "Congratulations to Stellantis for bringing home 2023 TAWA Auto Roundup awards in a number of categories," said Teia Collier, president of TAWA.