Automotive Cells Company (ACC) plans to transform the existing Stellantis Termoli plant in Italy into a new battery plant and has completed an agreement to add Mercedes-Benz as a new equal partner of TotalEnergies / Saft and the automaker.
The partners have also committed to increase the plant’s capacity to a minimum of 120 gigawatt-hours (GWh) by 2030, and to expand the development and production of battery cells and modules.
Carlos Tavares, CEO of Stellantis, said in a statement: “Transforming an existing plant to help support a more sustainable future makes ACC a European leader in battery production and reaffirms, through collaboration with the Ministry of Economic Development, Italy’s role in supporting Stellantis’ transformation into a technology company sustainable mobility ”.
As part of its Dare Forward 2030 strategic plan, Stellantis previously announced plans to sell 5 million cars for 5 million cars by 2030, reaching 100% of BEV passenger car sales in Europe and 50% of passenger car and light truck sales in Europe. USA.
It also increased the planned battery capacity by 140 GWh to about 400 GWh, supported by five gig plants along with additional supply contracts.
Automotive Cells was founded by Stellantis and TotalEnergies / Saft in August 2020.
The deal is subject to normal closing conditions, including approval by regulators.
