MILAN — Automotive Cells Firm, a three way partnership of Stellantis, Mercedes and TotalEnergies mentioned its deliberate Italian battery making plant was anticipated to begin operations in 2026.
The plan will contain an total funding price over 2 billion euros ($2.1 billion) in Italy, together with public funds, Automotive Cells Firm (ACC) mentioned after assembly unions in Rome.
Stellantis plans to develop three gigafactories in Europe to serve its elevated manufacturing of battery electrical automobiles. They are going to be inbuilt France, Germany and Italy, by ACC, with a capability of 40 gigawatt hours (GWh) every by 2030.
The Italian undertaking will probably be arrange within the southern metropolis of Termoli, by the conversion of an present Stellantis engine and gearbox plant, presently using round 2,000 employees.
It ought to begin operations initially of 2026 and attain full capability in 2030, with at the least 1,800 staff, ACC mentioned in a press release on Friday.