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Stellantis Ventures into Budget-Friendly Sodium-Ion Battery Technology Investment

  • 🚗 Stellantis Ventures invests in sodium-ion battery technology developed by Tiamat.
  • 💼 Tiamat is recognized by Stellantis Ventures as one of 11 top-performing technology startups, earning the Stellantis Ventures Award in 2023.
  • 🌐 Tiamat is the first company globally to commercialize sodium-ion technology in an electrified product.
  • ⚡ Sodium-ion technology is considered more affordable as it is free of lithium and cobalt, making it cost-effective per kilowatt-hour.
  • 🌍 Sodium, a key component of this technology, is abundantly available worldwide, contributing to its sustainability.
  • 🔋 Stellantis sees sodium-ion technology as a promising and cost-effective energy storage solution compared to lithium-ion batteries.
  • 🔄 Stellantis is exploring various battery technologies as part of its transition to Battery Electric Vehicle (BEV) sales.
  • 🤝 Stellantis collaborates with different companies, including Ample Establish for battery swapping technology and CATL from China as a lead cell supplier.
  • 🎯 Stellantis aims to secure 400 GWh of battery capacity by 2030 to meet sales targets, with plans for a 100% sales mix of passenger BEVs in Europe and a 50% mix in the U.S.
  • 🌱 Stellantis emphasizes its commitment to developing sustainable and affordable battery technologies aligned with its Dare Forward 2030 strategic plan.

As the automotive industry accelerates towards a sustainable future, Stellantis Ventures has taken a bold step by investing in sodium-ion battery technology developed by Tiamat. This strategic move not only positions Stellantis at the forefront of innovative energy solutions but also underscores the importance of sodium-ion technology in the realm of electrified vehicles.

Tiamat: Pioneering Sodium-Ion Advancements

Stellantis Ventures Award Winner 🏆

Tiamat, a France-based company, has earned recognition as one of the top-performing technology startups. Stellantis Ventures, the corporate venture fund of the legacy automaker, honored Tiamat with the prestigious Stellantis Ventures Award in 2023. This accolade acknowledges Tiamat’s exceptional contributions to the field of sodium-ion battery technology.

Sodium-Ion Milestone 🌐

Tiamat stands out as the first company globally to successfully commercialize sodium-ion technology in an electrified product. This breakthrough marks a significant milestone in the evolution of battery technologies, emphasizing the potential of sodium-ion as a game-changer in the electric vehicle (EV) landscape.

Sodium-Ion Technology: A Game-Changer in Affordability and Sustainability

Affordable Energy Storage ⚡

One of the key advantages of sodium-ion technology lies in its cost-effectiveness. Unlike traditional lithium-ion batteries, sodium-ion batteries are free of lithium and cobalt, reducing production costs per kilowatt-hour. This affordability opens doors to making electric vehicles more economically viable and accessible to a broader consumer base.

Abundant and Sustainable Sodium 🌍

Sodium, a crucial component of this innovative technology, is abundantly available worldwide. Unlike some rare materials used in conventional batteries, sodium’s widespread availability contributes to the sustainability of sodium-ion batteries. This aligns with the global shift towards resource-efficient and environmentally conscious energy solutions.

Stellantis Ventures: Embracing the Potential of Sodium-Ion

Promising Energy Storage Solution 🔋

Stellantis Ventures’ investment in Tiamat reflects its belief in sodium-ion technology as a promising and cost-effective energy storage solution. As the automotive industry undergoes a profound transition towards electrification, the choice of energy storage technology plays a pivotal role in shaping the future of clean and sustainable mobility.

Diversified Battery Technologies Exploration 🔄

Stellantis is not limiting its exploration to sodium-ion alone. As the automotive giant transitions to Battery Electric Vehicle (BEV) sales, it is actively experimenting with various battery technologies. This includes collaborative efforts with companies like Ample Establish for battery swapping technology and partnerships with lead cell supplier CATL from China.

Stellantis’ Vision: A Sustainable and Electrified Future

Ambitious Battery Capacity Goals 🎯

Stellantis has set ambitious goals to secure 400 GWh of battery capacity by 2030. This strategic initiative is designed to meet the company’s sales targets, with a vision of achieving a 100% sales mix of passenger BEVs in Europe and a 50% mix in the United States by the end of the decade.

Dare Forward 2030 Strategic Plan 🌱

Stellantis emphasizes its commitment to sustainability and affordability through its Dare Forward 2030 strategic plan. The plan outlines the company’s aspirations to reach carbon neutrality by 2038. Stellantis envisions providing customers with clean, safe, and affordable mobility solutions, and sodium-ion technology aligns seamlessly with this forward-thinking approach.

Conclusion: Shaping a Greener Tomorrow

Stellantis Ventures’ investment in sodium-ion battery technology signifies more than just a financial partnership; it represents a commitment to shaping a greener and more sustainable tomorrow. As sodium-ion technology continues to evolve and gain prominence in the electric vehicle landscape, Stellantis is positioned as a driving force in the transition towards cleaner and more efficient mobility solutions.

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