Stellantis, who are a global mobility player made up of 14 motor brands including Vauxhall, Peugeot, Fiat, Citroën and Jeep, has announced that along with its partners it supports Automotive Cells Company’s (ACC) growth plans as it intends to transform Stellantis’ existing Termoli plant in Italy into a new battery facility.
This finalises the agreement to add Mercedes-Benz as a new, equal partner with TotalEnergies/Saft and Stellantis. Together the partners have committed to increase ACC’s industrial capacity to at least 120 gigawatt hours (GWh) by 2030. They will also scale up development and production of next-generation high-performance battery cells and modules.
This builds upon the announcement in October 2021 that Stellantis will be partnering with LG Energy Solution to produce batteries for electric cars in North America.
This is all part of Stellantis’ Dare Forward 2030 strategic plan announced this time last year whereby the company plans to have global annual battery electric vehicle sales of five million vehicles by 2030.
This is another situation where big competing automakers are collaborating with electric vehicle battery producers to drive the production and sales of electric vehicles as we move away from internal combustion engine (ICE) vehicles.
Britishvolt are also moving ahead with its plans to build a transformational UK battery Gigaplant to meet the growing demand for electric vehicles.
Carlos Tavares, Stellantis CEO, said: “We are grateful to everyone involved in this investment to secure the future of the great community in Termoli.
“Transforming the existing plant to help support a more sustainable future positions ACC as the European leader in battery manufacturing and reaffirms, thanks to the collaboration with the Ministry of Economic Development, Italy’s role in supporting Stellantis’ transformation to a sustainable mobility tech company.”