Stellantis teams up with French research institution CEA [Yahoo! Finance]
Stellantis N.V. Common Shares (STLA)
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Source: Yahoo! Finance
The joint research program includes designing advanced technology cells with higher performance, a longer lifespan and a lower carbon footprint at competitive costs, which can lead to more affordable and sustainable battery electric vehicles in the future. Ned Curic, Stellantis Chief Engineering and Technology Officer said: “We know that battery technology is poised for change. We believe that this collaboration will accelerate the arrival of disruptive battery cell technology, supporting our mission to offer clean, safe and affordable mobility to our customers.” As a Research and Technological Organization (RTO), CEA's says its first goal is to support industry through innovation and technological breakthrough. Philippe Stohr, Head of CEA Energy division said: “This exciting project makes the best use of more than 25 years of expertise in the field of Li-ion batteries at CEA to the benefit of one of the major automotive actors in the competitive race for electrical mobility.”
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