CEO of Fiat Chrysler to transform its production process in Italy
The plan wi...
Sergio Marchionne, the Chief Executive Officer of Fiat Chrysler Automobiles NV, is currently preparing a plan that will be unveiled 1 June.
The plan will reportedly transform the firm’s current production process in Italy.
According to sources close to the strategy, the CEO will arrange for several of the company’s budget models to no longer be manufactured in the country.
Production of the Panda vehicle will also be transferred to Poland, to be manufactured alongside the 500, Abarth 595, and Lancia Ypsilon.
Fiat Chrysler is also anticipated to retool its Naples and Turin plants – which are currently used for the Mito and Panda models – allowing to have the facilities to make upscale vehicles, such as the new Maserati and Jeep SUVs.
The Fiat Punto, which has had a production run of more than 13 years, with be cut from the Melfi plant.
The Mito is also to be cut from production and to be replaced by the Maserati SUV.
The strategy will allegedly make room for Fiat Chrysler to focus more on hybrid vehicles, as it aims to transition away from diesel-engine vehicles by 2022.
The firm will introduce its first electric vehicle (EV) in 2020 with the Maserati Alfieri.
Ultium Cells LLC/Li-Cycle: Sustainable Battery Manufacturing
Ultium Cells LLC - a joint venture between General Motors and LG Energy Solutions - has announced its latest collaboration with Li-Cycle. Joining forces the two have set ambitions to expand recycling in North America, recycling up to 100% of the scrap materials in battery cell manufacturing
What is Ultium Cells LLC?
Announcing their partnership in December 2019, General Motors (GM) and LG Energy Solutions established Ultium Cells LLC with a mission to “ensure excellence of Battery Cell Manufacturing through implementation of best practices from each company to contribute [to the] expansion of a Zero Emission propulsion on a global scale.”
Who is Li-Cycle?
Founded in 2016, Li-Cycle leverages innovative solutions to address emerging and urgent challenges around the world.
As the use of Lithium-ion rechargeable batteries in automotive, industrial energy storage, and consumer electronic applications rises, Li-Cycle believes that “the world needs improved technology and supply chain innovations to better recycle these batteries, while also meeting the rapidly growing demand for critical and scarce battery-grade materials.”
Why are Ultium Cells LLC and Li-Cycle join forces?
By joining forces to expand the recycling of scrap materials in battery cell manufacturing in North America, the new recycling process will allow Ultium Cells LLC to recycle cobalt, nickel, lithium, graphite, copper, manganese and aluminum.
“95% of these materials can be used in the production of new batteries or for adjacent industries,” says GM, who explains that the new hydrometallurgical process emits 30% less greenhouse gases (GHGs) than traditional processes, minimising the environmental impact. Use of this process will begin later in the year (2021).
"Our combined efforts with Ultium Cells will be instrumental in redirecting battery manufacturing scrap from landfills and returning a substantial amount of valuable battery-grade materials back into the battery supply chain. This partnership is a critical step forward in advancing our proven lithium-ion resource recovery technology as a more sustainable alternative to mining, " said Ajay Kochhar, President, CEO and co-founder of Li-Cycle.
"GM's zero-waste initiative aims to divert more than 90% of its manufacturing waste from landfills and incineration globally by 2025. Now, we're going to work closely with Ultium Cells and Li-Cycle to help the industry get even better use out of the materials,” added Ken Morris, Vice President of Electric and Autonomous Vehicles, GM.
Since 2013, GM has recycled or reused 100% of the battery packs it has received from customers, with most current GM EVs repaired with refurbished packs.
"We strive to make more with less waste and energy expended. This is a crucial step in improving the sustainability of our components and manufacturing processes,” concluded Thomas Gallagher, Chief Operating Officer, Ultium Cells LLC.