The Automotive Cell Company alliance will build third gigafactory in Italy
Automotive Cell Company, founded in 2020, is a joint venture established by Stellantis and TotalEnergies, with Mercedes-Benz just become equal partner, thus completing in the last days a transaction announced in September 2021.
The Automotive Cell Company (ACC) alliance will build its third gigafactory at Stellantis’ existing production plant in Termoli, Central Italy. It is indeed a long-awaited news in Italy, as the new destination of the plant is supposed to create thousands of new jobs. As we wrote in this post, last year, Automotive Cell Company, founded in 2020, is a joint venture established by Stellantis and TotalEnergies, with Mercedes-Benz just become equal partner, thus completing in the last days a transaction announced in September 2021.
The partners have now 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.
ACC and the next gigafactory in Italy
«We are grateful to everyone involved in this investment to secure the future of the great community in Termoli», said Carlos Tavares, 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.