Category: Battery Tech

Stellantis explores Leapmotor’s EV technology to cut costs and boost European sales

Multinational automotive manufacturer Stellantis announced it is exploring the use of electric-vehicle technology from its Chinese partner Leapmotor as it looks for ways to cut costs and stay competitive in Europe.

The legacy automaker, headquartered in the Netherlands, is considering expanding the scope of its joint venture to gain deeper access to Leapmotor’s battery systems and EV powertrain expertise, particularly for high-volume brands such as Fiat, Opel and Peugeot. 

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Brussels to require 70% EU content for subsidised EVs under “Made in Europe” mandate

In a bid to stave off Chinese competition, Brussels is introducing a “Made in Europe” mandate ensuring that at least 70% of new electric vehicle components are manufactured in the EU.

The Industrial Accelerator Act will be published by the European Commission in March; however, the following predictions are based on a draft report seen and reported on by the Financial Times this week.

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General Motors bets on unproven battery technology in a bid to drive down EV costs

In a bid to leapfrog EV competition, automaker General Motors is betting on an unproven battery technology: LMR, or lithium manganese-rich prismatic cells in its latest EV strategy.  

Originally discovered in the 1990s, LMR is a cathode chemistry that requires reduced levels of rare-earth materials such as cobalt and nickel, instead utilising manganese, a much cheaper and more abundant material. Theoretically, the technology promises higher levels of energy density at a reduced cost. 

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