By David Sachs


Stellantis will partner with the French Alternative Energies and Atomic Energy Commission to develop new batteries for electric vehicles as carmakers vie to find cheaper, cleaner, and longer-lasting power sources.

The carmaker behind brands including Jeep, Dodge and Peugeot said Wednesday that the pact is for a five-year research and development project. The program is meant to aid the future production of battery cells for Stellantis and its joint-venture battery factories, the company said.

"We know that battery technology is poised for change," said Ned Curic, Stellantis chief engineering and technology Officer. "While we don't know exactly how it will change, we are committed to be at the forefront of this transformation."

The partnership with the French government-backed research agency, known as CEA, should advance battery-cell tech with the aim of achieving better performance, a longer lifespan and a lower carbon footprint at lower costs, Stellantis said.

No financial details were released.


Write to David Sachs at david.sachs@wsj.com


(END) Dow Jones Newswires

07-03-24 0951ET