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AMSTERDAM, March 23, 2022 – Together with its partners, Stellantis supports Automotive Cells Company’s (ACC) growth plans as it intends to transform Stellantis’ existing #termoli plant in #italy to a new #battery facility and finalizes the #agreement to add #mercedesbenz as a new, equal partner with #totalenergiessaft and #stellantis.
The partners have also committed to increase ACC’s industrial capacity to at least 120 gigawatt hours (GWh) by 2030 and to scale up development and production of next-generation high-performance #battery cells and modules.
“We are grateful to everyone involved in this investment to secure the future of the great community in #termoli,” said #carlostavares, #stellantis CEO. “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.”
As part of the Dare Forward 2030 strategic plan, #stellantis announced plans to have global annual #battery electric vehicle sales of five million vehicles by 2030, reaching 100% of passenger car BEV sales mix in Europe and 50% passenger cars and light-duty trucks in the United States. #stellantis also increased planned #battery capacity by 140 GWh to approximately 400 GWh, to be supported by five gigafactories together with additional supply contracts.
Automotive Cells Company was founded by #stellantis and #totalenergiessaft in August 2020.
The closing is subject to customary closing conditions, including regulatory approvals.
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