Stellantis announces €38m investment in electric motor plant

Stellantis is pouring €38m into its plant in Biella, Italy to produce components for electric motors of cars based on the STLA Small platform. It will fund 56 machine tools for the components, which are critical for electric propulsion units (EPUs).

Image: Stellantis
Image: Stellantis

So far, six of the planned 56 machine tools have been installed at the site, which is located in the commune of Verrone. Once complete, the plant will develop steel shafts and gears for the EPUs that are currently being produced at other Stellantis factories across Europe.

With production set to begin in late 2027, Stellantis aims to manufacture over 400,000 components per year with the option to scale this up by another 200,000 in future. The plant currently employs around 350 employees across 300,000 m², and last year produced over 200,000 gearboxes for Stellantis Group’s facilities in Italy and elsewhere in Europe.

The investment is part of Stellantis Group’s ‘Italy Plan’, which has seen the company increase the number of EVs and hybrids produced in Italy, as well as grow its staffing numbers.

Jean Phillippe Imparato, COO of Enlarged Europe, said in Italian: “We are proud of this investment because it is in synchrony with the other activities we are developing in several European markets of the Group to project ourselves into the future. It reaffirms once again the professional skills and commitment of the people working in all the Italian plants of Stellantis, without distinction between the production of cars, commercial vehicles, components, engines and gearboxes.”

Last month, Stellantis also revealed plans to produce eDCT (Electrified Dual Clutch Transmission) gearboxes for hybrid vehicles at its Termoli plant in Italy, starting next year.

stellantis.com

1 Comment

about „Stellantis announces €38m investment in electric motor plant“
George
28.03.2025 um 13:35
Wow, almost equivalent to what it pays it's C.E.O. annually.

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