Friday, March 29, 2024
HomeAutomobilesStellantis' ACC JV plans to start operations at Italian gigafactory in 2026

Stellantis’ ACC JV plans to start operations at Italian gigafactory in 2026

Date:

Related stories

22 Years Ago, Kingdom Hearts Almost Got Me Grounded For Life

We could hear her flip-flops slapping the concrete...

Wiko Hi Enjoy 70 Pro 5G launches with HarmonyOS

Wiko just announced its latest smartphone that runs...

7 Easy SEO Tips for Small Businesses

If you’re a small business owner, people are...

How to Make $30,000 a year Blogging

Ever dreamt of making a living through blogging...
spot_imgspot_img



MILAN – ACC, a joint venture of Stellantis, Mercedes and TotalEnergies, said on Friday its planned Italian battery making plant was expected to start operations in 2026.

The plan will involve an overall investment worth over 2 billion euros ($2.1 billion) in Italy, including public funds, ACC said in a statement after meeting unions in Rome.

Carmaker Stellantis has plans to develop three ‘gigafactories’ in Europe to serve its increased production of battery electric vehicles. They will be built in France, Germany and Italy, through ACC, with a capacity of 40 gigawatt hours (GWh) each by 2030.

The Italian project will be set up in the southern city of Termoli, through the conversion of an existing Stellantis engine and gearbox plant, currently employing around 2,000 workers.

It should start operations at the beginning of 2026, while it should reach full capacity in 2030 with at least 1,800 employees, ACC said in the statement. ($1 = 0.9377 euros)

 



Source link

Latest stories

spot_img