Stellantis N.V. (STLA, Financials) and Zeta Energy Corp. (ZETA, Financials) are partnering to create lithium-sulfur batteries for electric vehicles to improve performance, cost, and environmental impact. Stellantis shares are trading at $14.03 at the time of writing, up 2.8%.
The cooperation aims to create much lighter battery packs with equivalent useful energy to present lithium-ion technology. This strategy is supposed to enhance handling, extend the EV range, and save production costs. The businesses claim that lithium-sulfur batteries may save expenses to less than half of the price per kilowatt-hour of lithium-ion alternatives.
With creative battery technologies like lithium-sulfur essential to reaching the company's carbon neutrality objective by 2038, Stellantis Chief Engineering and Technology Officer Ned Curic underlined the strategic relevance of the alliance. Curic underlined the two objectives of bettering EV affordability and performance.
Tom Pilette, CEO of Zeta Energy, expressed hope about the cooperation, pointing out that integrating Zeta's patented lithium-sulfur technology with Stellantis' worldwide production capability might improve the cost and performance profiles of electric batteries.
Using waste products and methane, the businesses want to include sustainable practices in manufacturing, hence lowering CO2 emissions related to battery manufacture. By removing the requirement for cobalt, nickel, manganese, and graphite—which streamlines supply chains and helps to reduce material shortages—the lithium-sulfur batteries also simplify.
With an expected release by 2030, the project comprises pre-production development as well as commercial production planning. As part of Stellantis' Dare Forward 2030 plan, these batteries are meant to be included into its EV range. The strategy calls for providing around seventy-five types of battery electric cars worldwide.
Leveraging patents granted by the U.S. Department of Energy and other organizations, Zeta Energy's lithium-sulfur batteries include unique sulfurized carbon cathodes and 3D metallic lithium anodes. The batteries are intended to be easily manufactured using current gigafactory infrastructure, therefore lowering the need for large-scale additional expenditures.
The strategic road plan of Stellantis emphasizes the requirement of using dual-chemistry solutions and cutting-edge technology to fulfill the many demands of its consumers and reach long-term environmental targets.
