PARIS — Stellantis stated Friday that talks had been persevering with with the Italian authorities over the potential development of a brand new gigafactory in Italy.
Stellantis, which already has battery manufacturing unit initiatives in France and Germany, has stated that choices on including gigafactories in Europe and america can be made this 12 months.
The corporate is holding talks on this with Rome, as Italy is one in every of its predominant manufacturing hubs in Europe.
Stellantis additionally expects to announce later this month extra stringent targets concerning its CO2 emissions in Europe, Stellantis’CEO Carlos Tavares stated on Friday.
Since Stellantis was shaped this 12 months by way of the merger of Fiat Chrysler Cars and France’s PSA Group, manufacturing in Italy has been below scrutiny for costing greater than elsewhere in Europe, whereas Stellantis — like many within the sector — can also be engaged on extra environmentally pleasant autos.
Stellantis rival Renault recently unveiled a more ambitious strategy for EVs, betting on new, reasonably priced variations of its iconic small automobiles of the previous to meet up with Volkswagen Group within the fast-growing sector.
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