MILAN – ACC, a joint venture between Stellantis, Mercedes and TotalEnergies, said on Friday that a planned Italian battery manufacturing plant is expected to start operations in 2026.
The plan includes an overall investment in Italy worth more than €2 billion ($2.1 billion), including public funds, the ACC said in a statement after meeting with unions in Rome. .
Automaker Stellantis plans to develop three “gigafactories” in Europe to accommodate the growing production of battery-electric vehicles. These will be built in France, Germany and Italy through ACC, each with a capacity of 40 gigawatt hours (GWh) by 2030.
The Italian project will be located in the southern city of Termoli by retrofitting the existing Stellantis engine and gearbox factory, which currently employs approximately 2,000 people.
The ACC said in a statement that it should begin operations in early 2026 and be at full capacity with at least 1,800 employees by 2030. ($1 = 0.9377 EUR)