Stellantis Revamps Italian Plant: €100m Electric Overhaul
Stellantis NV is investing €100 million ($109 million) into its Mirafiori plant in Italy to reduce emissions and transition away from combustion engines. Improvements such as solar energy and ventilation, green initiatives, and rooftop solar panels and vegetation are part of CEO Carlos Tavares' plans, alongside job cuts in Italy, France, and Germany.
Jul 4, 2023 // Markets & Finance News, Italy, Europe, PV Power Plant, Stellantis
Hydrogen Firm Symbio to Invest EUR 1 Bn in Fuel Cell Production in France
Symbio's HyMotive will certainly accelerate the industrialization and mass-production of its current generation fuel cell systems in its gigafactory in Saint-Fons. HyMotive will certainly establish and industrialize a new generation of innovative fuel cell systems, built on turbulent modern technology to improve StackPack performance of Symbio while drastically reducing system cost.
Oct 12, 2022 // Manufacturing News, Markets & Finance News, Engie, Stellantis, Compagnie Nationale du Rhône, Schaeffler, fuel cell, Hydrogen Academy, hydrogen vehicles, HyMotive, Innoplate, StackPack, Symbio, Symbio gigafactory, SymphonHy
Solid State Batteries Get A Vote of Confidence With $200 Million For Factorial Energy
Massachusetts, United States based Solid State Battery maker Factorial Energy has raised $200 million as part of a Series D round of funding, led by Mercedes-Benz and also Stellantis.
Jan 24, 2022 // Markets & Finance News, Storage, Mercedes-Benz, carlos tavares, Facrorial Energy, funding round, siyu huang, solid dtate batteries, Stellantis