Stellantis has teamed up with lithium group Vulcan Vitality Sources to develop geothermal power initiatives in Germany to assist decarbonize manufacturing of automobiles at Rüsselsheim, the automaker stated in an announcement.
Stellantis’ Rüsselsheim facility is the place the automaker produces its DS 4 and Opel Astra fashions.
“Stellantis and Vulcan will goal to supply clear electrical energy and provide it to the grid for each inside and exterior consumption, in accordance with Germany’s Renewable Vitality Act (EEG), whereas additionally producing warmth to be transferred to Stellantis’ manufacturing web site, the 2 firms stated.
Struggle in Ukraine has tightened Europe’s power provide, inflicting uncertainty for producers already affected by strained provide chains for uncooked supplies and parts comparable to semiconductors.
Australia-based Vulcan initially will perform a pre-feasibility examine for the event of power initiatives.
The 2 firms collectively will search public funding alternatives for it whereas Stellantis, which holds an 8 p.c stake in Vulcan, will goal to supply funding for 50 p.c of the undertaking’s improvement.
Stellantis CEO Carlos Tavares stated the partnership with Vulcan strengthened the group’s dedication to better use of fresh power.
“It’s considered one of many actions we’ve taken to drive outcomes, affect, and sustainability,” he stated.
The automaker already has a take care of Vulcan for the availability of lithium from the miner’s undertaking within the Higher Rhine Valley in Germany.
Extending its community of direct offers with uncooked materials suppliers for EV batteries, Stellantis final week signed a contract with Australian miner Ingredient for manganese sulphite.
It beforehand introduced agreements with GME Sources on nickel and cobalt sulphate and with U.S.-based Managed Thermal Sources for lithium hydroxide.
Stellantis desires battery electrical automobiles to account for 100% of its European passenger automobile gross sales and 50 p.c of its U.S. passenger automobile and light-duty truck gross sales by 2030.