Stellantis Invests in Italian Plant to Boost Electrification Strategy

Stellantis has announced plans to invest in its Mirafiori Complex in Italy to boost electric transmission production and its circular economy business. The company and its joint venture partner, Punch Powertrain, have signed a new agreement increasing production of the future-generation electrified dual-clutch transmissions (eDCT) for Stellantis hybrid and plug-in hybrid electric vehicles (PHEV).

The upgraded facility, developed within the site in Turin, Italy, will complement the existing capacity in Metz, France.

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.

Stellantis also announced that the Mirafiori Complex will be home to its leading Circular Economy Hub, starting with three activities for the sustainable use of vehicles and parts: vehicle reconditioning, vehicle dismantling, and parts remanufacturing, with the scope set to expand further globally.

In the past four years, Stellantis has invested over €5 billion in Italian operations for new products and manufacturing sites. 

The initiatives are aimed at further driving the company’s transformation of its global electrification value chain and supporting its  decarbonisation targets.

The growing demand for electrified vehicles and the targets for Stellantis were presented in the Dare Forward 2030 strategic plan.

Carlos Tavares, Stellantis CEO, says: “Today’s announcements highlight both our commitment to Italy and our ability to take responsible decisions to anticipate the upcoming global change in our industry, as we push to achieve our Dare Forward 2030 targets. I am very thankful to everyone involved in finalizing and executing these plans on our charge to becoming a sustainable mobility tech company with the bold objective to become carbon net zero ahead of competition.”

Stellantis' brands include Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep_®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys.