Stellantis and Zeta Energy Announce Agreement to Develop Lithium-Sulfur EV Batteries
Stellantis and Zeta Energy have announced a joint development agreement to create advanced lithium-sulfur EV batteries. The new technology promises significant advantages over current lithium-ion batteries, including:
- 50% faster charging capabilities
- Less than half the cost per kWh
- Lighter battery packs with equivalent energy
- Enhanced range and performance
The batteries will be produced using waste materials and methane, resulting in lower CO2 emissions. The technology eliminates the need for cobalt, graphite, manganese, and nickel, while utilizing readily available sulfur. Production is planned to begin by 2030, supporting Stellantis' goal of achieving carbon neutrality by 2038 and its plan to offer over 75 battery electric vehicle models.
Stellantis e Zeta Energy hanno annunciato un accordo di sviluppo congiunto per creare avanzate batterie agli ioni di litio-solfuro per veicoli elettrici. La nuova tecnologia promette vantaggi significativi rispetto alle attuali batterie agli ioni di litio, tra cui:
- capacità di ricarica più veloce del 50%
- meno della metà del costo per kWh
- batterie più leggere con energia equivalente
- portata e prestazioni migliorate
Le batterie saranno prodotte utilizzando materiali di scarto e metano, risultando in emissioni di CO2 inferiori. La tecnologia elimina la necessità di cobalto, grafite, manganese e nichel, utilizzando invece zolfo facilmente disponibile. La produzione è prevista per iniziare entro il 2030, supportando l'obiettivo di Stellantis di raggiungere la neutralità carbonica entro il 2038 e il suo piano di offrire oltre 75 modelli di veicoli elettrici a batteria.
Stellantis y Zeta Energy han anunciado un acuerdo de desarrollo conjunto para crear avanzadas baterías de litio-azufre para vehículos eléctricos. La nueva tecnología promete ventajas significativas sobre las actuales baterías de iones de litio, incluyendo:
- capacidad de carga 50% más rápida
- menos de la mitad del costo por kWh
- paquetes de baterías más ligeros con energía equivalente
- mayor autonomía y rendimiento
Las baterías se producirán utilizando materiales de desecho y metano, resultando en menores emisiones de CO2. La tecnología elimina la necesidad de cobalto, grafito, manganeso y níquel, utilizando en su lugar azufre disponible fácilmente. La producción está planificada para comenzar en 2030, apoyando el objetivo de Stellantis de alcanzar la neutralidad de carbono para 2038 y su plan de ofrecer más de 75 modelos de vehículos eléctricos de batería.
스텔란티스와 제타 에너지가 고급 리튬-황 전기차 배터리 개발을 위한 공동 개발 협정을 발표했습니다. 새로운 기술은 현재의 리튬 이온 배터리에 비해 다음과 같은 중요한 이점을 약속합니다:
- 50% 더 빠른 충전 능력
- kWh당 비용이 절반 이하
- 향상된 주행 거리와 성능
배터리는 폐자재와 메탄을 이용하여 생산되며, 결과적으로 CO2 배출이 더 낮습니다. 이 기술은 코발트, 흑연, 망간 및 니켈의 필요성을 없애고, 대신 쉽게 구할 수 있는 황을 사용합니다. 생산은 2030년부터 시작할 예정이며, 스텔란티스가 2038년까지 탄소 중립성을 달성하고 75개 이상의 배터리 전기차 모델을 제공할 계획을 지원합니다.
Stellantis et Zeta Energy ont annoncé un accord de développement conjoint pour créer des batteries lithium-soufre pour véhicules électriques avancées. La nouvelle technologie promet des avantages significatifs par rapport aux batteries lithium-ion actuelles, notamment :
- capacité de recharge 50% plus rapide
- moins de la moitié du coût par kWh
- batteries plus légères avec une énergie équivalente
- autonomie et performances améliorées
Les batteries seront produites à partir de matériaux recyclés et de méthane, ce qui permet de réduire les émissions de CO2. La technologie élimine le besoin de cobalt, de graphite, de manganèse et de nickel, tout en utilisant du soufre facilement disponible. La production devrait commencer d'ici 2030, soutenant l'objectif de Stellantis d'atteindre la neutralité carbone d'ici 2038 et son plan d'offrir plus de 75 modèles de véhicules électriques à batterie.
Stellantis und Zeta Energy haben eine gemeinsame Entwicklungsvereinbarung angekündigt, um fortschrittliche Lithium-Schwefel-EV-Batterien zu schaffen. Die neue Technologie verspricht erhebliche Vorteile gegenüber aktuellen Lithium-Ionen-Batterien, darunter:
- 50% schnellere Ladefähigkeiten
- weniger als die Hälfte der Kosten pro kWh
- leichtere Batteriepackungen mit entsprechender Energie
- erweiterte Reichweite und Leistung
Die Batterien werden unter Verwendung von Abfallmaterialien und Methan produziert, was zu geringeren CO2-Emissionen führt. Die Technologie beseitigt die Notwendigkeit für Kobalt, Graphit, Mangan und Nickel und nutzt stattdessen leicht verfügbares Schwefel. Die Produktion ist für den Beginn bis 2030 geplant, um das Ziel von Stellantis zu unterstützen, bis 2038 Kohlenstoffneutralität zu erreichen und über 75 Modelle von batterieelektrischen Fahrzeugen anzubieten.
- 50% improvement in fast-charging speed potential
- Expected cost reduction of more than 50% per kWh compared to current batteries
- Lighter battery pack while maintaining same energy capacity
- Elimination of expensive materials (cobalt, nickel, manganese, graphite)
- Domestic supply chain in Europe or North America reducing dependencies
- Technology still in development phase with no immediate implementation
- Long timeline to production (2030)
Insights
- Collaboration aims to develop a significantly lighter battery pack with the same usable energy, enabling greater range, improved handling and enhanced performance
- Technology has the potential to improve fast-charging speed by up to
50% , making EV ownership even more convenient - Batteries are expected to cost less than half the price per kWh of current lithium-ion batteries.
- Agreement includes both pre-production development and planning for future production by 2030
For customers, this means potentially a significantly lighter battery pack with the same usable energy as contemporary lithium-ion batteries, enabling greater range, improved handling and enhanced performance. Additionally, the technology has the potential to improve fast-charging speed by up to
"Our collaboration with Zeta Energy is another step in helping advance our electrification strategy as we work to deliver clean, safe and affordable vehicles," said Ned Curic, Stellantis Chief Engineering and Technology Officer. "Groundbreaking battery technologies like lithium-sulfur can support Stellantis' commitment to carbon neutrality by 2038 while ensuring our customers enjoy optimal range, performance and affordability."
"We are very excited to be working with Stellantis on this project," said Tom Pilette, CEO of Zeta Energy. "The combination of Zeta Energy's lithium-sulfur battery technology with Stellantis' unrivaled expertise in innovation, global manufacturing and distribution can dramatically improve the performance and cost profile of electric vehicles while increasing the supply chain resiliency for batteries and EVs."
The batteries will be produced using waste materials and methane, with significantly lower CO2 emissions than any existing battery technology. Zeta Energy battery technology is intended to be manufacturable within existing gigafactory technology and would leverage a short, entirely domestic supply chain in
The collaboration includes both pre-production development and planning for future production. Upon completion of the project, the batteries are targeted to power Stellantis electric vehicles by 2030.
Lithium-sulfur battery technology delivers higher performance at a lower cost compared to traditional lithium-ion batteries. Sulfur, being widely available and cost-effective, reduces both production expenses and supply-chain risk. Zeta Energy's lithium-sulfur batteries utilize waste materials, methane and unrefined sulfur, a byproduct from various industries, and do not require cobalt, graphite, manganese or nickel.
Developing high-performing and affordable EVs is a key pillar of Stellantis' Dare Forward 2030 strategic plan, which includes offering more than 75 battery electric vehicle models. Stellantis is employing a dual-chemistry approach to serve all customers and exploring innovative battery cell and pack technologies.
About Stellantis
Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world's leading automakers aiming to provide clean, safe and affordable freedom of mobility to all. It's best known for its unique portfolio of iconic and innovative brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Stellantis is executing its Dare Forward 2030, a bold strategic plan that paves the way to achieve the ambitious target of becoming a carbon net zero mobility tech company by 2038, with single-digit percentage compensation of the remaining emissions, while creating added value for all stakeholders. For more information, visit www.stellantis.com
X @Stellantis
Facebook Stellantis
LinkedIn Stellantis
YouTube Stellantis
About Zeta Energy
Zeta Energy is a US-based privately held company focused on developing, commercializing and manufacturing high-performance, safe, rechargeable batteries that are lower cost and sustainably produced. Zeta Energy was founded in 2014 by Charles Maslin in
LinkedIn: www.linkedin.com/company/zetaenergy
X @ZetaEnergy
For more information, contact: info@zetaenergy.com
Stellantis Forward Looking Statements
This communication contains forward-looking statements. In particular, statements regarding future events and anticipated results of operations, business strategies, the anticipated benefits of the proposed transaction, future financial and operating results, the anticipated closing date for the proposed transaction and other anticipated aspects of our operations or operating results are forward-looking statements. These statements may include terms such as "may", "will", "expect", "could", "should", "intend", "estimate", "anticipate", "believe", "remain", "on track", "design", "target", "objective", "goal", "forecast", "projection", "outlook", "prospects", "plan", or similar terms. Forward-looking statements are not guarantees of future performance. Rather, they are based on Stellantis' current state of knowledge, future expectations and projections about future events and are by their nature, subject to inherent risks and uncertainties. They relate to events and depend on circumstances that may or may not occur or exist in the future and, as such, undue reliance should not be placed on them.
Actual results may differ materially from those expressed in forward-looking statements as a result of a variety of factors, including: the ability of Stellantis to launch new products successfully and to maintain vehicle shipment volumes; changes in the global financial markets, general economic environment and changes in demand for automotive products, which is subject to cyclicality; Stellantis' ability to successfully manage the industry-wide transition from internal combustion engines to full electrification; Stellantis' ability to offer innovative, attractive products and to develop, manufacture and sell vehicles with advanced features including enhanced electrification, connectivity and autonomous-driving characteristics; Stellantis' ability to produce or procure electric batteries with competitive performance, cost and at required volumes; Stellantis' ability to successfully launch new businesses and integrate acquisitions; a significant malfunction, disruption or security breach compromising information technology systems or the electronic control systems contained in Stellantis' vehicles; exchange rate fluctuations, interest rate changes, credit risk and other market risks; increases in costs, disruptions of supply or shortages of raw materials, parts, components and systems used in Stellantis' vehicles; changes in local economic and political conditions; changes in trade policy, the imposition of global and regional tariffs or tariffs targeted to the automotive industry, the enactment of tax reforms or other changes in tax laws and regulations; the level of governmental economic incentives available to support the adoption of battery electric vehicles; the impact of increasingly stringent regulations regarding fuel efficiency requirements and reduced greenhouse gas and tailpipe emissions; various types of claims, lawsuits, governmental investigations and other contingencies, including product liability and warranty claims and environmental claims, investigations and lawsuits; material operating expenditures in relation to compliance with environmental, health and safety regulations; the level of competition in the automotive industry, which may increase due to consolidation and new entrants; Stellantis' ability to attract and retain experienced management and employees; exposure to shortfalls in the funding of Stellantis' defined benefit pension plans; Stellantis' ability to provide or arrange for access to adequate financing for dealers and retail customers and associated risks related to the operations of financial services companies; Stellantis' ability to access funding to execute its business plan; Stellantis' ability to realize anticipated benefits from joint venture arrangements; disruptions arising from political, social and economic instability; risks associated with Stellantis' relationships with employees, dealers and suppliers; Stellantis' ability to maintain effective internal controls over financial reporting; developments in labor and industrial relations and developments in applicable labor laws; earthquakes or other disasters; risks and other items described in Stellantis' Annual Report on Form 20-F for the year ended December 31, 2023 and Current Reports on Form 6-K and amendments thereto filed with the SEC; and other risks and uncertainties.
Any forward-looking statements contained in this communication speak only as of the date of this document and Stellantis disclaims any obligation to update or revise publicly forward-looking statements. Further information concerning Stellantis and its businesses, including factors that could materially affect Stellantis' financial results, is included in Stellantis' reports and filings with the
View original content to download multimedia:https://www.prnewswire.com/news-releases/stellantis-and-zeta-energy-announce-agreement-to-develop-lithium-sulfur-ev-batteries-302324002.html
SOURCE Zeta Energy
FAQ
When will Stellantis (STLA) begin production of lithium-sulfur batteries?
How much cheaper are Stellantis (STLA) lithium-sulfur batteries compared to current batteries?
What charging improvements does Stellantis (STLA) new battery technology offer?
What materials does Stellantis (STLA) new battery technology eliminate?
