Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

Fiat Chrysler to test vehicle-to-grid technology with 700-car fleet

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/19/2019 | 08:06am EDT
Ceremony to mark the installation of the first robot on the production line for the new electric Fiat 500 BEV at the Mirafiori industrial complex on the 80th birthday of the plant

TURIN (Reuters) - Fiat Chrysler will set up an experimental fleet of up to 700 electric cars to test vehicle-to-grid (V2G) technology, which allows power grids to use energy stored in car batteries to face demand during peak hours.

FCA is taking its first steps into electric mobility as the Italian-American carmaker moves on from its failed $35 billion bid to merge with France's Renault, a pioneer in electric vehicles.

FCA on Thursday signed an agreement with Italy's national grid operator Terna to jointly test a technology enabling electric vehicles to interact with the grid, through charging infrastructure.

The project will include a feasibility study to launch an experimental demonstration fleet of cars connected to the grid via V2G infrastructure to be built in FCA's Mirafioni plant in Turin, the two companies said in a statement.

"We'll start with the electric Cinquecento (Fiat car model)," said Pietro Gorlier, FCA's chief operating officer for the EMEA region.

"The project will kick off in the coming months, we plan to reach 600-700 test vehicles by 2020-21".

FCA will start producing a full electric version of its Cinquecento mini car in Mirafiori by the second quarter of next year.

Hybrid plug-in versions of the Jeep Compass and Renegade, a new plug-in Alfa Romeo compact SUV, the Tonale, and a mild-hybrid Panda compact car, were also expected in 2020.

(Reporting by Giulio Piovaccari; editing by Jason Neely)

Stocks mentioned in the article
ChangeLast1st jan.
NATIONAL GRID PLC 0.11% 900 Delayed Quote.17.77%
NISSAN MOTOR CO., LTD. 0.57% 689 End-of-day quote.-19.52%
RENAULT -11.48% 48.56 Real-time Quote.-10.98%
TERNA S.P.A. 0.97% 5.818 End-of-day quote.16.33%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
09:24pMnuchin backs proposal to double IMF's crisis fund
RE
09:19pKuroda says BOJ could ease policy more, still has tools available
RE
09:18pKuroda says BOJ could ease policy more, still has tools available
RE
08:52pIMF sidesteps clash with U.S. over funding, delays shareholding changes to 2023
RE
08:37pNEGATIVE INTEREST RATES : Bankers at the IMF meeting weigh in
RE
08:34pFACEBOOK : G20 kicks off debate to regulate 'stablecoins' in hit to Facebook's Libra
RE
08:26pBOJ KURODA : No talk at G20 of central banks issuing digital currencies
RE
08:21pFAA turns over emails from former Boeing 737 pilot
RE
08:19pBoeing pilots' messages on 737 MAX safety raise new questions
RE
08:17pBoeing 737 MAX test pilot grappled with simulator flaws, too
RE
Latest news "Economy & Forex"