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17 Sep 2020

Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU / MTA: FCA) and Peugeot S.A. (“Groupe PSA”) communicate that following a request from the Companies in the context of their recently announced amendment to their combination agreement

17 Sep 2020

  • FCA Bank and its Leasys subsidiary, leading players in Italy’s electric and sustainable mobility revolution, continue to invest in infrastructures, fleet and services. 
  • The Leasys Mobility Store in Fiumicino airport saw the installation, with Enel X’s support, of the first 10 22-KW charging stations for Leasys’s customers.

17 Sep 2020

For the launch of the new 595 Monster Energy Yamaha special series – to be presented together with the 595 Scorpioneoro special series on September 18th – Abarth returns to the windshields of the YZR-M1 ridden by Maverick Viñales and Valentino Rossi from the Monster Energy Yamaha MotoGP Team, at the “TISSOT Emilia-Romagna and Riviera di Rimini Grand Prix”, to be run on the international circuit at Misano, named after the racer Marco Simoncelli, next weekend, September 18th to 20th.

14 Sep 2020

FCA special dividend set at €2.9 billion; Groupe PSA’s Faurecia stake to be distributed post-closing to all Stellantis shareholders

14 Sep 2020

Following victory in Race3, Minì now leads the overall standings for this compelling championship.

14 Sep 2020

Today, at the evocative Heritage Hub within FCA’s Mirafiori complex in Turin, the international press conference has taken place to inaugurate the Vehicle-to-Grid (V2G) pilot project at the Drosso logistics hub.

Today, at the evocative Heritage Hub within FCA’s Mirafiori complex in Turin, the international press conference has taken place to inaugurate the Vehicle-to-Grid (V2G) pilot project at the Drosso logistics hub. Once fully completed, it will become the largest of its kind of the world.

In the presence of Minister of Economic Development Stefano Patuanelli, representatives of the parliamentary committees concerned with the day’s themes, the highest officials from the Piedmont Region and the City of Turin – as well as many more guests from national and international institutions and publications – FCA, ENGIE Eps and Terna presented the V2G project, describing its features and how it works. The V2G plant at Mirafiori is a project “100% made in Italy”. On the one hand, it is a significant opportunity for the Italian industrial system to take a leading role in the development of the future of sustainable mobility. On the other, it is the result of the joint effort of three companies that lead their sectors. In their use of such an innovative technology, their experiments are now beginning on a bidirectional charging solution that benefits from physical aggregation in a single point of interconnection with the power grid, capable of interacting with the other energy resources on site.

V2G technology enables vehicles to exchange energy with the power grid, making them a valuable resource for the national power grid operated by Terna, to contribute to the establishment of a more sustainable electrical system and to represent an opportunity to optimize the operating costs of the cars for the benefit of motorists, as well as a concrete possibility of contributing to a more sustainable electricity system.

Bidirectional technology – which both charges the car and returns power to the grid – can only work efficiently when the car and the charging infrastructure speak a common language. This is the focus of the trial launched with the inauguration of the plant.

V2G thus represents a major opportunity, which is why FCA – together with its partners ENGIE Eps, the technicians who built the plant, and Terna, the operator of the high- and ultra-high-voltage national power grid – has committed to a cutting-edge project, an example of genuine innovation.

The construction of the plant in just four months, despite the lockdown due to the COVID-19 outbreak, has enabled the transformation of what is typically only a cost (the storage of vehicles waiting to be delivered to the sales network) into a benefit that could be exploited by vehicle fleet managers in the not-too-distant future. Indeed, a (potentially high) number of vehicles parked for long periods in one place represents an opportunity to provide services to the network in an ‘aggregated’ manner.

Phase 1 of the plant’s construction has consisted of the installation of 32 V2G columns capable of connecting 64 vehicles, aimed at piloting the technology and managing the logistics of the storage area. By the end of 2021, the Drosso V2G project will be extended to interconnect up to 700 electric vehicles, making it the largest facility of its kind ever built in the world. The management of phase 2 will be mainly dictated by cost-effectiveness: the objectives will be to provide services to Terna power grid and to ensure a positive economic result for FCA and ENGIE Eps.

To cover the parking spaces for the cars connected to the V2G, ENGIE Italia is a partner in the construction of an enormous roof consisting of around 12,000 solar panels, which will supply the production and logistics facilities with ‘green’ energy. The plant will be able to produce over 6,500 MWh of energy every year, resulting in the offsetting of more than 2,100 tons of CO2 emissions per year, a boon for the environment. The project therefore represents a significant contribution to decarbonization in the industrial sector.

 

The press conference was divided into two parts, the first structured as a talk show where the three stakeholder companies went into greater detail on their rationale for deciding to become part of this project.

Roberto Di Stefano (Head of e-Mobility for FCA’s EMEA Region) explained: “Vehicle-to-Grid technology represents a significant opportunity to optimize the operating costs of cars for the benefit of motorists, as well as the concrete possibility of contributing to the sustainability of the power grid. However, we need a V2G-friendly regulatory environment. The Ministry of Economic Development has laid down criteria and means to promote the dissemination of Vehicle-to-Grid technology in Italy, with the aim of facilitating the spread of electric vehicles and the increase in flexible resources the electricity system requires for sufficient mainstreaming of renewable sources. A full regulatory framework is now expected to follow, referring to the fair remuneration of network stabilization services and coverage of the additional costs associated with the installation of bidirectional connecting devices and measurement systems, for the provision of ancillary services.”

 

For Massimiliano Garri (Director of Innovation and Digital Solutions, Terna): “The V2G electric mobility project presented today with FCA and ENGIE Eps is the result of a positive shared pathway of research and development, which boosts Terna's central role as an enabler of the energy transition. E-cars represent a highly significant potential source of energy and a great opportunity to help achieve a more sustainable and decarbonized electricity system. The smart, bidirectional interaction between cars and the grid also gives Terna more flexibility resources and innovative services that, together with our distinctive skill set, ensure increasingly reliable and efficient service operations.”

 

Finally, Carlalberto Guglielminotti (CEO, ENGIE Eps) stated: “in 2030, with the forecast that even if only 5% of vehicles driven in Europe are electric, EVs will become the dominant technology that will revolutionize the power grid and will be decisive for every single balance within the European energy markets.” ENGIE Eps, already a pioneer and leader in microgrids and energy storage, felt compelled to take on the challenge of managing this massive change in the world of energy, by providing an innovative technology solution, as they always do. That’s why, in 2017, ENGIE Eps made major investments in research and development, jointly with FCA, to build Vehicle-to-Grid technology, inaugurated today. In fact, V2G is the solution that will bring about the biggest paradigm shift within the system of electric mobility and the world's electrical systems. At ENGIE Eps, we're extremely proud of having enabled its construction, finally speeding up and increasing the sustainability of the already unstoppable energy transition.

 

The second part of the event was given over to technical insights and to the conclusions of Pietro Gorlier (Chief Operating Officer of FCA’s EMEA region) and Stefano Patuanelli, Minister of Economic Development.

Pietro Gorlier stated: “sustainable mobility is a key pillar for FCA, one on which all our activities are based. In Italy alone – including with the launch of production related to electric and electrified mobility – FCA is investing €5 billion, affecting every one of our plants, with €2 billion of the total destined for the Mirafiori complex. In this context, several other projects are also taking place in addition to V2G, including the solar panels of the Solar Power Production Units: a surface area of 150,000 square meters, capable of producing 15 MW of power and thus contributing to reducing emissions by over 5,000 tons of CO2. Or the Battery Hub, where batteries will be assembled using state-of-the-art technology.

It is now vital that the regulatory aspects be set out, now being worked on by the institutions. A national plan for public and private charging infrastructure must also be launched to support the rising number of electrified vehicles.”

 

With a recorded video message, European Union Commissioner for Energy Kadri Simson also wished to be present at the event. She emphasized that “the EU energy systems will benefit significantly from the participation of electric vehicles in all electricity markets as electricity suppliers – either directly or through aggregators. It will allow us to use more renewable electricity for deep decarbonisation”.

 

In his closing remarks, Minister Stefano Patuanelli stated that the Ministry of Economic Development enters into constant discussion and dialog with the parties involved in the construction of the future in this country, and guaranteed the utmost commitment of his department to the building of the regulatory framework and the related incentives required to support the development of enabling technologies for electric mobility. V2G acts as a central solution to increase accessibility to this form of mobility. The implementation of this project places Italy in a leading position in Europe.

 

The day ended with the inauguration of the plant by Minister Patuanelli and FCA Chairman John Elkann, who connected a new Fiat 500e to a bidirectional column in the V2G plant at the Drosso logistics hub at Mirafiori, Turin.

 

Turin, September 14, 2020

 

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Fiat Chrysler Automobiles

Fiat Chrysler Automobiles (FCA) is a global automaker that designs, engineers, manufactures and sells vehicles in a portfolio of exciting brands that includes Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep®, Lancia, Ram and Maserati. It also sells parts and services under the Mopar name and operates in the components and production systems sectors under the Comau and Teksid brands. FCA employs nearly 200,000 people around the globe. For more information on FCA, please visit www.fcagroup.com

 

For further information

+39 (011) 0031111

mediarelations@fcagroup.com

www.fcagroup.com

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ENGIE EPS

ENGIE EPS is the industrial arm of the ENGIE group, developing technologies to revolutionize the paradigm in the global energy system, aiming at renewable energy sources and electric mobility. Listed in Paris on the Euronext regulated market (EPS:FP), ENGIE EPS forms part of the CAC Mid & Small and CAC All-Tradable financial indices. It has its headquarters in Paris, with research, development and production located in Italy.

For further information, go to www.engie-eps.com 

 

Contact ENGIE EPS

News agency: eps@imagebuilding.it

Investor relations: ir@engie-eps.com

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TERNA
The Terna Group is one of Europe's leading operators of energy transmission networks and manages Italy's high-voltage national grid, with over 74,000 km of power lines. Terna’s role is to ensure the safety, quality and efficiency of the national electricity system and access to equal conditions for all operators in the market. Terna is at the heart of the process of energy transition toward complete decarbonization and full integration into the grid of energy produced from renewable sources. For more information: www.terna.it.

Terna contact details

(+39) 06 8313 9081

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12 Sep 2020

Weather: FP3: sunny 28.3-28.1°C air, 40.3-43.5°C track; Q: sunny, 29.1-29.4°C air, 45.8-43.4°C track

11 Sep 2020

From Misano to Turin aboard the new Abarth 595 Monster Energy Yamaha special series, with “Trastevere73” at the wheel – two-time “eSport MotoGP” World Champion and the first official eSport rider from the Monster Energy Yamaha MotoGP team, symbolically uniting the capital of Motorcycling with the Scorpion brand’s hometown.

11 Sep 2020

Once more this special year, the Ducato motorhome base vehicle is proudly on show at the main European trade fairs for the Recreational Vehicles industry, demonstrating the unique features – in terms of comfort, engines, gearboxes and safety – that make it the undisputed leader in its sector.

11 Sep 2020

  • Leasys introduces the new CarCloud, which includes also Renegade & Compass 4Xe Plug-in Hybrid for an increasingly sustainable mobility.
  • Available on Amazon, it allows subscribers to choose either a new Jeep® Renegade 4Xe Plug-in Hybrid or a Jeep® Compass 4Xe Plug-in Hybrid.

10 Sep 2020

This weekend, the F4 single-seaters, fitted with the Abarth engine, take on one of the most spectacular circuits in Formula 1

08 Sep 2020

Leasys continues to revolutionize electric mobility and is on track to reach 1,200 EV charging stations by the end of 2020 in the over 400 Leasys Mobility Stores located throughout Italy in the main cities, airports, ports and train stations.

05 Sep 2020

Weather: FP3: sunny 25.7-27.2°C air, 37-41.5°C track; Q: sunny, 28.8-29.4°C air, 45.1-44.4°C track

03 Sep 2020

Advanced, eco-friendly premium technology delivers absolute and quiet open-air freedom, an even more fun-to-drive on-road experience and a new level of benchmark Jeep off-road capability

02 Sep 2020

This weekend, the Grand Prix takes to the stage at Monza: to celebrate the bond between the circuit and the brand, the Alfa Romeo Museum has organized a full schedule of events for fans.

31 Aug 2020

  • The circuit dedicated to Enzo and Dino Ferrari was the setting for the second challenge between 24 drivers from 17 countries, behind the wheel of single-seaters with an Abarth T-Jet engine
  • The overall rankings see two Italian drivers – Francesco Pizzi and Gabriele Minì – in the lead; third place to the Romanian Philip Ugran

 

Spectacle and adrenaline in the second weekend of the Italian F4 Championship powered by Abarth on the Enzo and Dino Ferrari circuit in Imola: 3 races and 3 different winners, featuring the single-seater Tatuus with a 160 hp Abarth T-Jet engine, driven by young competitors.

In Race1 the Romanian Ugran took the lead during lap 5, overtaking the Swede Dino Beganovic and the Englishman Jonny Edgar, who started in pole position. Ugran maintained the lead until the end, ahead of Edgar and Jonny Crawford, from the USA.

Race2 was run in the rain, starting behind the safety car, which came on twice more after several cars ran off the track. The Englishman Edgar managed to overtake the American Crawford and the Italian Andrea Rosso on the slippery ground.

Andrea Rosso was the big star of the last race. In the early laps, he managed to overtake Crawford and Edgar, to take the lead. From the back of the field came Pizzi, who ended up in second place, ahead of Edgar.

Based on this result, Pizzi (Van Amersfoort Racing) managed to maintain first place in the overall rankings of the Italian F4 Championship powered by Abarth, 2 points ahead of Gabriele Minì (Prema Powerteam). This time, Minì did not take a podium placing, but still picked up points in all three races, coming in 7th in Race1, 5th in Race2, and 4th in Race3. Third place went to the Romanian Ugran, separated from the leader by 7 points.

The Imola course was run by 24 drivers, including some from the German FIA ADAC F4 Championship powered by Abarth. They had decided to build up their experience with races from the Italian series, especially on the more technical and difficult circuits, such as Imola, where the Formula 1 Grand Prix will take place this year.

One of the most important aspects of the Formula 4 Championships, well supported by the reliability of the Abarth engines, is the opportunity for drivers to race on more technical, difficult and selective tracks, to prepare them to compete professionally in the higher categories. The next event, scheduled for September 11-13, will again take place on a Formula 1 circuit: the Red Bull Ring in Austria.

Turin, August 31, 2020.