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Top related persons:
Maxime Picat - 2 Stellantis - 2 carmaker - 1 Nick Carey - 1 Sharon Singleton - 1 McEwen - 1 Giulio Piovaccari - 1 Gavin Jones - 1
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Australia Franco Italian Norway
Top related orgs:
Thomson - 2 chipmakers Infineon - 1 NXP Semiconductors - 1 Qualcomm - 1 MILAN - 1 Purchasing - 1 Fiat Chrysler - 1 Peugeot - 1

Search resuls for: "Maxime Picat"


4 mentions found


☆ Stellantis inks $11bln in contracts for vital semiconductors by 2030
  + stars: | 2023-07-18 | by ( Nick Carey | ) www.reuters.com   time to read: +1 min
LONDON, July 18 (Reuters) - Stellantis (STLAM.MI) said on Tuesday that it has signed contracts worth 10 billion euros ($11.2 billion) through 2030 with semiconductor makers to guarantee the flow of vital chips for electric vehicles and high-performance computing functions. The global auto industry is only now recovering from a pandemic-fueled shortage of semiconductor chips that forced major automakers to shut down production on certain models and scramble to find new sources of chips. "We have hundreds of very different semiconductors in our cars," Maxime Picat, Stellantis' chief purchasing and supply chain officer said in a statement. Stellantis said it is also working with chipmakers Infineon (IFXGn.DE), NXP Semiconductors (NXPI.O), onsemi (ON.O), and Qualcomm (QCOM.O) to further improve its car platforms and technologies. 3 carmaker said that its new supply agreements through 2030 cover silicon carbide chips that extend the range of EVs, computing chips to operate EVs and high-performance computing chips that will provide infotainment and autonomous driving assist functions.
Persons: Maxime Picat, Stellantis, carmaker, Nick Carey, Sharon Singleton Organizations: chipmakers Infineon, NXP Semiconductors, Qualcomm, Thomson
☆ Stellantis signs deal with Kuniko for supply of battery materials
  + stars: | 2023-06-30 | by ( ) www.reuters.com   time to read: +2 min
MILAN, June 30 (Reuters) - Stellantis (STLAM.MI) has signed an offtake and equity investment agreement with Australia-listed Kuniko (KNI.AX), the latest of a string of deals aiming to give the carmaker stable supply of key materials for vehicle batteries. The funds provided by Stellantis will help support Kuniko's brownfield and greenfield battery metals exploration projects in Norway, which include nickel, cobalt and copper. Stellantis' Chief Purchasing and Supply Chain Officer Maxime Picat said the world's third largest carmaker by sales was on an "aggressive path" to securing raw materials needed to meet its electrification targets. "With Kuniko, we are adding another lever to support our European battery needs with a local and environmentally conscious solution from its Norwegian projects," he said. The completion of the offtake agreement and of the share subscription with Kuniko are subject to conditions, including regulatory approvals, the two companies said.
Persons: Stellantis, Maxime Picat, McEwen, Giulio Piovaccari, Gavin Jones Organizations: MILAN, Purchasing, Fiat Chrysler, Peugeot, PSA, Vulcan Energy, Resources, Thomson Locations: Australia, Franco, Italian, Norway
☆ Auto giant Stellantis looks to Australian materials, including nickel, for its EVs
  + stars: | 2022-10-11 | by ( Anmar Frangoul | ) www.cnbc.com   time to read: +2 min
In this article STLA Follow your favorite stocks CREATE FREE ACCOUNTThis image, from July 2021, shows a Citroen e-C4 electric vehicle on display at a showroom in Paris, France. Benjamin Girette | Bloomberg | Getty ImagesStellantis is turning to Australia as it looks to procure the materials needed for its electric vehicle strategy in the years ahead. "Securing the raw material sources and battery supply will strengthen Stellantis' value chain for electric vehicle battery production," Maxime Picat, chief purchasing and supply chain officer at Stellantis, said. Stellantis' electric vehicle plans put it in competition with firms such as Elon Musk's Tesla as well as companies like Volkswagen , Ford and GM . According to the International Energy Agency, electric vehicle sales are on course to hit an all-time high this year.
☆ Stellantis, GME Resources seal nickel and cobalt deal for battery production
  + stars: | 2022-10-10 | by ( ) www.reuters.com   time to read: +2 min
PARIS, Oct 10 (Reuters) - Carmaker Stellantis (STLA.MI) has signed a non-binding preliminary agreement with GME Resources (GME.AX) to secure supplies of nickel and cobalt sulphate for electric vehicle (EV) batteries, the two companies said on Monday. read moreEarlier this year the Franco-Italian group signed a lithium supply agreement with developer Vulcan Energy Resources (VUL.AX) and said it would invest 50 million euros ($48.6 million)to buy an 8% stake in it. read moreRegister now for FREE unlimited access to Reuters.com RegisterStellantis and the GME mining company said in a statement on Monday that the memorandum "represents the first step toward a potential long-term partnership,". The supply will come from a nickel and cobalt advanced mining project in Western Australia called "NiWest", which GME is currently developing, with a planned production of around 90,000 tonnes per year of battery-grade nickel and cobalt sulphate. Stellantis Chief Purchasing and Supply Chain Officer Maxime Picat said that securing the raw material sources and battery supply would strengthen the group's value chain for EV production and support its decarbonisation target.
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