Windsor gets Stellantis battery factory
The big news in this week’s Weekly News Roundup is a new battery plant in Windsor, Ontario. Stellantis (formerly Fiat Chrysler Automobiles/FCA) announced that the city of Ontario will receive a $5 billion investment to build more than 45 gigawatt hours of EV batteries each year. The plant, a venture with LG Energy Solution, is expected to open in early 2024 and could supply more than 600,000 electric vehicles each year. “Our joint venture with LG Energy Solution is another stepping stone towards realizing our aggressive electrification roadmap in the region, aiming to reach 50% of battery electric vehicle sales in the United States and Canada by end of the decade,” said Carlos Tavares, CEO of Stellantis. The CEO said all levels of government had received support for the project, but did not detail individual contributions. Stellantis has operated in the city since 1925 and Windsor Mayor Drew Dilkens calls the company the region’s largest employer. The new factory is expected to create 2,500 new jobs.
Quebec removes incentives for electric vehicles and plug-in hybrid vehicles
The province of Quebec is reducing its maximum incentives for electric vehicles, although even the reduced amounts are still the highest in the country. The new provincial budget reduces the maximum for an EV from $8,000 to $7,000 starting April 1. More importantly, the maximum reimbursement for an ORV, which capped at the same $8,000 as an EV, is reduced to $5,000. Used electric vehicles will go from $4,000 to $3,500. Further changes could come for 2023 and beyond, and are expected to be announced at a later date.
Hurricane I6 offers big power, small consumption
Weekly News Roundup has learned that Stellantis has unveiled an all-new straight-six engine that it says will improve horsepower while reducing fuel economy and emissions for its larger vehicles. Dubbed the Hurricane, the 3.0-liter twin-turbo I6 will come in a standard-output variant designed to optimize fuel economy and a high-output engine aimed at delivering more performance “while maintaining significant fuel economy during intensive use, such as towing”. The SO engine will make “over 400 hp / 450 lb-ft of torque” and the HO “over 500 hp / 475 lb-ft”. Both numbers are more powerful than the 5.7-liter Hemi V8 commonly found in current models from Ram, Jeep and Chrysler. Stellantis said the first Hurricane-powered models will hit dealerships later this year.
Chevrolet teases electric Equinox
Chevrolet unveiled a new Equinox electric crossover this week. In a video posted to Twitter, the brand showed a glimpse of the exterior of a rendered 2024 Chevrolet Equinox EV. It looks a lot more like the Bolt and Bolt EUV than a gas-powered Equinox, with sleek LED lights running through the crossover’s nose and tail. Chevrolet also said in the teaser that the RS model will arrive first in fall 2023, with an LT to be announced later.
2023 Chevrolet Corvette Price
Also from Chevrolet’s Big Weekly News roundup, the 2023 Corvette Stingray will see a slight price increase. The sports car’s base model will start from $71,998 before destination and fees, with order books open now. The highlight of the 2023 changes is a 70th Anniversary Edition trim for $7,995 on top of the 3LT cars that adds special badging, custom luggage, and only comes in two special paint colors with an interior. two-tone. Chevrolet also added more paint choices and interior colors.
Two years of free charging for Lucid Air
Lucid and Electrify Canada have just announced that any purchaser who reserves a Lucid Air by June 30 will receive two years of free fast charging on the Electrify Canada network. Charging the 350kW of the Deluxe Electric Air means adding around 350km of range in 15 minutes on fast chargers. EC currently has 30 charging station locations and expects that number to grow to over 100 by 2026.
Maserati unveils the all-new Grecale
Maserati has unveiled its all-new Grecale crossover. The luxury performance model will come with a 2.0-litre 296hp or 325hp turbo engine with a 48V mild-hybrid e-booster or a 530hp twin-turbo V6. It will also become Maserati’s first electric crossover when the Folgore (Italian for Lightning) arrives next year. Maserati touts the model’s large interior and luxury trimmings, including standard leather as well as wood, carbon and other materials. Higher-end models will also get air suspension, and a 21-speaker Sonus Faber audio system will be on the list of creature comforts.