Peter Sigal News Editor of Automotive News Europe [email protected] +33 6 70 96 49 77 See All Staff Page Recent Stories Stellantis to invest in lithium-sulfur EV battery startup Lyten Stellantis is backing Lyten, a Silicon Valley startup that employs 3-D graphene, a 'supermaterial,' to create smaller, more dense lithium-sulfur EV batteries. Mercedes CEO: Vans are 'hedge' against passenger car cycles Mercedes-Benz CEO Ola Kallenius says he sees no disconnect between selling luxury cars as well as commercial vans, following the spinoff of Daimler's heavy trucks business at the end of 2021. With new Renault Espace, the minivan is finally dead. Or is it? Renault has re-imagined the Espace, Europe's first minivan, as an SUV, signaling the demise of an iconic segment. Renault's new flagship crossover to be called Rafale Renault will call its new flagship model the Rafale, a name that reflects past and present high-speed planes. Stellantis to buy one-third stake in fuel cell system maker Symbio Stellantis will pay $163 million to Faurecia as part of the deal for a share of Symbio, a hydrogen fuel cell joint venture that also includes Michelin. How Bosch is preparing automotive unit for a future of chips and computers The new Bosch Mobility unit will have a more powerful board and structure to encourage collaboration across specialities. Alpine A290 Beta concept redefines hot hatch for EV era Renault's Alpine brand unveiled the A290 Beta electric hatchback based on the coming Renault 5, as it expands its lineup and aims at U.S. launch. Opel CEO: 'Electric mobility is our strategic compass' Opel/Vauxhall CEO Florian Huettl talked about the automaker's aggressive strategy to go all-electric, how small EVs can be affordable and pricing pressure in an interview with Automotive News Europe. Bosch to revamp mobility unit with goal of $88B in revenue by 2030 The new Bosch Mobility unit will focus on software as a growth driver. Current mobility chairman Markus Heyn will lead it. French sales up 22% in April as rebound reaches 9 months Cupra, Dacia, Renault and Seat record biggest gains as component shortages continue to ease. Sales have increased every month since September 2022. Europe's automakers race to decarbonize ahead of deadline Automakers are turning to sustainable energy, "green" aluminum and asking their suppliers to pitch in as they aim for carbon neutrality across their value chain. Citroen New C3 Aircross SUV revealed for India, South America Citroen's new small SUV will be available with five or seven seats, as the Stellantis brand pushes to double its international market sales. It will be built in India and Brazil. Renault will avoid Tesla price-cut 'spiral' on EVs Renault will hold the line on pricing for the Megane E-Tech, CFO Thierry Pieton said, even as rival Tesla lowers prices and gains volume. He warned of the effects of price cuts on residual values. Stellantis hires Natalie Knight as CFO, replacing Richard Palmer Natalie Knight joins Stellantis from Ahold Delhaize, a Dutch food retailer. Richard Palmer, who held the same position at Fiat Chrysler and helpled lead the Stellantis merger, will leave the automaker June 30. Alpine names Cupra exec as sales chief Antonino Labate will be vice president sales, marketing and customer experience at the Renault Group brand. In another move, David Gendry was named vice president sponsorship, partnerships and communications. Load More
Peter Sigal News Editor of Automotive News Europe [email protected] +33 6 70 96 49 77 See All Staff Page