Stellantis Group, together with its partners, is supporting the growth plans of Automotive Cells (ACC), which intends to convert the group’s existing plant in Termoli, Italy, into a new plant dedicated to the production of batteries; Finalizing the agreement to add Mercedes-Benz as a new equal partner with TotalEnergies/Saft and Stellantis.
Partners also pledged to Increase the industrial capacity of ACC to at least 120 gigawatt-hours (GWh) by 2030 and expand the development and production of next-generation high-performance battery cells and modules.
Carlos Tavares, CEO of Stellantis, said: “We are grateful to all the people involved in this investment that will secure the future of the large Termoli community. Converting the current factory To contribute to the creation of a more sustainable future, it positions ACC as a leading European company in the production of batteries and, thanks to cooperation with the Ministry of Economic Development, reaffirms Italy’s role in Stellantis transformation support into a technology company dedicated to sustainable mobility.”
In the context of Strategic plan Dare Forward 2030 Stellantis has announced plans to achieve global sales of 5 million units of electric vehicles (BEV) in 2030, achieving 100% European passenger car sales mix and 50% passenger car sales with the European mix of BEVs. Light commercial vehicles in the United States. Stellantis has also increased its planned battery capacity from 140 GWh to about 400 GWh, thanks to support for five GWh plants and additional supply contracts.
We do not currently have any details regarding the relevant volume and terms Project on TermoliWe don’t know anything about the planned investments or even about the significant employment impact it will have. It seems that Stellantis still wants to use the resources for at least 2 billion euros, thanks to the government’s support for projects of interest to the community that have been approved by the European Union. The ACC stated that a Memorandum of Understanding was signed on March 21 “to formalize the will of the shareholders to invest in Italy and the will of the Italian authorities to support this investment.”
The Minister of Economic Development, Giancarlo Giorgetti, emphasized this The government guarantees 369 million euros in public aid, On the other hand, Carlos Tavares wanted to highlight that the investment in the Termoli site could be similar to those planned for factories in France and Germany, which expect money and resources around 2 billion euros.
The future of the Termoli community
Carlos Tavares said with certainty that the investment “will secure the future of the large Termoli community. The conversion of the existing plant to contribute to the creation of more sustainable future jobs ACC as a leading European battery producer and reaffirms, thanks to cooperation with the Ministry of Economic Development, Italy’s role in supporting the conversion of Stellantis into company Technologies for sustainable mobility“.
As for the ACC, on the other hand, Jan Vincent I, who is focused on the entry of Mercedes-Benz into the shareholding structure, speaks arguing that it explains ” credibility From the initiative taken by TotalEnergies/Saft and Stellantis a year ago, it clearly supports our ambition to be an innovative player for European batteries.” The ACC plan primarily aims to mobilize more than €7 billion in investments just to increase industrial capacity.
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