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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Technology

Technology

EV batteries will have to be 50% lighter in future, Stellantis tech chief says

The new FIAT 500 electric is presented during the press day at the Los Angeles Auto Show, in Los Ang... The new FIAT 500 electric is presented during the press day at the Los Angeles Auto Show, in Los Angeles, California, U.S. November 17, 2022. REUTERS/Carlos Barria/File Photo
The new FIAT 500 electric is presented during the press day at the Los Angeles Auto Show, in Los Ang... The new FIAT 500 electric is presented during the press day at the Los Angeles Auto Show, in Los Angeles, California, U.S. November 17, 2022. REUTERS/Carlos Barria/File Photo

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On Friday, the technology head of automaker Stellantis (STLAM.MI) said that the company wants to create lighter electric car batteries to reduce weight in half to increase sustainability.

Ned Curic said that the present generation of electric vehicle (EV) batteries was “just too heavy,” rendering the cars “incompatible” with environmental goals.

“So what I have in mind and a very hard goal for my team by 2030 is to change the battery weight to at least 50% lighter battery,” said Curic during the group’s Battery Technology Center’s opening ceremony in Turin, Italy.

He said the “battery of the future” will look like, but he has “no idea” what it will look like.

He added that we will need to consider whole new chemistry, materials, and methods for replacing these very heavy components with something far lighter.

The third-largest automaker in the world by sales, whose brands include Fiat, Peugeot, and Jeep, announced it had invested 40 million euros ($43 million) in its Battery Technology Center in Turin. This facility will be responsible for internal testing and developing EV battery packs for upcoming group vehicles.

In Windsor, Canada, a comparable facility for North America was also being constructed, it said. In the presentation, Curic also said Stellantis will introduce a “very affordable” car later this year.

He remarked, without specifying the cost, “A vehicle that just about any member of our societies can afford to buy.” He said that moving to electric vehicle systems provides a far more sustainable future since we now use a lot of carbon-based energy.


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