Italy

On July 25, Stellantis N.V. announced that One Equity Partners (OEP), middle market private equity firm would make a majority investment in Comau S.p.A., an industrial automation and robotics firm. This deal aligns with Stellantis's strategic plan from its merger with Groupe PSA in January 2021. Financial details were not disclosed.

The move supports Comau's strategy to diversify beyond automotive and strengthen its global position while retaining its Italian roots. Comau will operate autonomously to pursue new opportunities. The transaction is expected to close by the end of 2024, pending regulatory approvals and other standard conditions.

Based on Stellantis press release

Schaeffler AG (Schaeffler) has partnered with BRIST Axle S.r.l. on the development of an eCOR225 LF electric axle for zero-emission low-floor buses, which was presented at ACT Expo in Las Vegas from May 20-23, 2024.

The eCOR225 LF electric axle equipped with Schaeffler's 800 V continuous hairpin motors offers a weight saving of over 400 kg compared to e-portal axles. With a high power-to-weight ratio and efficiency, the electric axle also provides energy savings between 2% and 8%. It delivers outstanding torque output of up to 37,000 Nm at the wheel and provides continuous power of up to 510 kW. Moreover, it features well-ventilated areas for optimal thermal management.

(From Schaeffler social media updates on July 23, 2024)

On July 18, Stellantis announced the first delivery of the new Lancia Ypsilon Edizione Limitata Cassina launch edition in Ivrea, Italy. The new Lancia Ypsilon is leading the premium hatchback B-segment and is available with a 100% electric motor or hybrid engine in three trim levels, offering mid-market price positioning and benefiting from state incentives.

The model features iconic lighting, a standard parking assistance system, dual 10.25” displays, and Level 2 Autonomous Driving. The model is priced at EUR 20,900 for the hybrid version with current trade-in incentives.

Based on Stellantis press release