Global car manufacturer Stellantis is planning to increase its battery production capacity to 400 GWh to meet the rising demand for electric vehicles (EVs).
Stellantis, a prominent player in the automotive industry, is set to expand its battery manufacturing capabilities to support the growing production of electric vehicles. Micky Bly, Stellantis Senior Vice President and Head of Global Propulsion Systems, revealed the company’s ambitious plan to enhance battery production capacity.
Securing Key Supplies
In addition to expanding capacity, Stellantis is actively working on securing a consistent supply of materials and chemicals vital for this expansion. The availability of these resources is crucial for meeting the increased demand for EV batteries.
Commitment to Gigafactories
Stellantis is committed to its vision of creating a network of gigafactories worldwide. While the company has already announced plans for around 250 gigawatt hours of battery production capacity globally, Bly emphasized the need to further extend this to 400 gigawatt hours.
Global Expansion
The company’s efforts are not limited to one region. Stellantis has plans for six gigafactories across the globe to bolster its battery production capabilities. While details about additional gigafactories were not provided, the focus remains on expanding capacity to meet the burgeoning demand for electric vehicles.
Strategic Ventures
Stellantis has been actively involved in strategic ventures to advance its EV manufacturing capabilities. Earlier this year, the company inaugurated its first European gigafactory in France, with more facilities planned in Germany and Italy through the ACC joint venture with Mercedes and TotalEnergies. Furthermore, three additional gigafactories are in the pipeline for the United States and Canada.
Investing in Technology
As part of its capacity expansion strategy, Stellantis has invested €40 million (approximately $43 million) in its Battery Technology Center located in Turin, Italy. This center, situated within the Mirafiori complex, will be dedicated to the in-house testing and development of EV battery packs for future Stellantis vehicles. Over 100 individuals, many of whom are retrained Stellantis employees, will be employed at the Turin Battery Technology Center. A similar facility for North America is under construction in Windsor, Canada.
Stellantis’s significant investments in battery production capacity reflect the growing emphasis on electric vehicles within the automotive industry and the company’s commitment to meeting this demand on a global scale.