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Stellantis to build U.S. firm Archer’s air taxi, Auto News, ET Auto

Stellantis will also increase its existing stake in Archer through stock purchases in the open market.By Gilles GuillaumeCar maker Stellantis will help build Archer Aviation's electric aircraft Midnight eVTOL and increase its stake in the U.S. company, the two firms said on Wednesday.Industrial firms and new startups are flocking to invest in air taxis, which can take off and land vertically to ferry travellers to airports or on short trips between cities, allowing them to beat traffic.The vertical take-off and landing…

Peugeot 208 again Europe’s top seller

In October, the European new car market grew 14% year on year to 903,533 new vehicles, the third consecutive month of growth in 2022. Felipe Munoz, global analyst at JATO Dynamics, said: “In October 2021, the market was facing the worst of the semiconductor crisis, but one year on, it has understood the challenge and is learning to deal with it.” Positive results achieved in August, September, and October have not…

Peugeot e-Streetzone electric scooter motors through city streets

Peugeot Motorcycles has revealed an electrified version of its tried and tested 50cc Streetzone combustion-engine scooter that's been motoring around cities for the last 10 years. The e-Streetzone will be available with one or two batteries for up to 112 km of range, as well as a cargo version.The e-Streetzone can accommodate a single battery or dual batteries under the seat – where a storage compartment big enough for a jet helmet can also be found – and is designed for inner-city riding or short urban trips.A single…

Europe’s Car Makers Lean on U.S., China as They Brace for Recession

BERLIN—European auto makers are looking to the U.S. and China for shelter from the economic storm they say is coming as the war in Ukraine drags on and signs of a looming recession gather in Europe.In a closely watched survey published on Thursday by the Munich-based Ifo Institute, German auto makers and suppliers said they were losing confidence in the European economy. The survey showed a key confidence index for the industry falling sharply in October. “Slumping demand and rising material and production costs worsen…

Mahindra e-scooter jointly developed with Peugeot spied testing alongside an Ather 450X

Mahindra e-scooter spied testing alongside an Ather 450XMahindra could launch the Peugeot Kisbee in India in an electric guise to compete with the likes of the Ather 450X and Bounce Infinity E1 premium electric scooters. The upcoming Mahindra e-scooter has been spotted testing for the second time, and this time around, it has been spotted alongside an Ather 450X electric scooter. To recall, earlier, the Mahindra-Peugeot e-scooter was spied testing in the ICE-powered and electric form factor in the country.  The Peugeot…

Stellantis, GME Resources sign contract for nickel and cobalt

The two companies said that they have signed a non-binding preliminary agreement with GME Resources to secure supplies of nickel and cobalt sulphate for electric vehicle (EV) batteries. The deal marks a further move by the world's fourth largest carmaker to lock down supplies of metals needed for batteries that power EV cars, ahead of an expected surge in global demand as a transition towards cleaner mobility gains traction. Earlier this year, the Franco-Italian group signed a lithium supply agreement with developer…

Peugeot shows us how it tests its EV batteries

Have you wondered what the process looks like behind testing an electric vehicle battery? Today, French automaker Peugeot is giving us a closer look at how its technicians put together and test each battery for its EV lineup. Stellantis-owned Peugeot has a rich history of making automobiles. In fact, Peugeot was founded in 1810, but didn’t start making vehicles until 1896. The French automaker is part of the French manufacturing giant PSA Group, which also owns DS and Citroen. Peugeot’s symbol, the lion, was…

Morocco plans to set up EV battery ‘gigafactory’, says Industry Minister Ryad Mezzour

Morocco is negotiating with electric vehicle battery manufacturers to set up a plant in the country to mesh with its existing automotive sector and cobalt output, Industry Minister Ryad Mezzour said. "We hope to sign a deal for the plant before the end of this year," the minister said in an interview with Reuters, but declined to name the companies. He did not say how much investment it would require, but referred to it as a "gigafactory," a term widely used for very large production facilities. The planned factory for EV…

Stunning Peugeot 9X8 hybrid hypercar gets set to take on Monza

Peugeot's eye-popping 9X8 hypercar is finally set to roll. It'll join the FIA World Endurance Championship for the season's fourth race at Monza in a couple of weeks, bringing a truly outrageous look to the hypercar class if nothing else.Performance-wise, the 9X8 will work against the same limits the Toyota, Alpine and Glickenhaus hypercars have to: Michelin tires, a minimum weight of 1030 kg (2271 lb), and a limited maximum of 500 kW (671 hp), split between a combustion engine and an electric motor. Peugeot has gone for…