Stellantis Invests in Italian Industrial Footprint Transformation to Develop Sustainable Activity
September 20, 2022 by Stellantis![Stellantis Invests in Italian Industrial Footprint Transformation to Develop Sustainable Activity](images/articleimages/stellantis-italian-footprint-1-400.jpg)
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The new Mirafiori e-Transmissions Assembly site is expected to start production in the second half of 2024. At full production, the Mirafiori and Metz, France, facilities together will supply all relevant Stellantis manufacturing sites in Europe. Launching Company's Leading Circular Economy Hub The Stellantis Circular Economy Business Unit is one of the seven accretive business units announced in the Dare Forward 2030 strategic plan and is a 360-degree business based on the 4Rs strategy - repair, reuse, reman and recycle. As an independent business unit, it will generate more than €2 billion in revenues in 2030. Today's announcement confirms the leading global Circular Economy Hub will be launched in 2023 in Mirafiori Complex. The dedicated operation will enable the expansion of Stellantis' current activities and support its 'cradle-to-cradle' business model in Europe. Later announcements will be made that will support Stellantis globally. Commitment to Italian Roots During a meeting in March 2022 with the Piedmont Region, the Municipality of Turin and the Industrial Association of Turin, Stellantis reaffirmed its continuous commitment to Italy to improve its performance, and more specifically, to the Piedmont region to enhance the 'Turin Manufacturing District' of which both of these facilities would belong. The Turin Manufacturing District serves as a vehicle production hub, an electrification engineering centre and the heart of design for iconic Italian brands. Additional activities supporting this commitment and aimed at accelerating Stellantis' global electrification transformation, include: •The Melfi facility, together with Sochaux in France, will host the new electric platform called STLA Medium, specifically designed for the battery electric vehicle (BEV) market with a high level of flexibility and expected to achieve a range up to 700 kilometres (440 miles). •Automotive Cells Company (ACC), of which Stellantis is a partner with a one-third equity stake, intends to build a third European battery cell manufacturing plant in Termoli by repurposing an existing Stellantis plant to support electric vehicle battery production. •The ongoing progressive electrification of all Italian plants for production of new electric or low-emission models. In the past four years, Stellantis has invested over €5 billion in Italian operations for new products and manufacturing sites. The Company also provides training with the aim of reskilling and upskilling its employees, while continuing its fruitful collaboration with the Polytechnic of Turin that led to the creation of a campus of design and sustainable mobility within the Mirafiori area.
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