Automotive Cells Company (ACC) plans to convert Stellantis’ existing Termoli plant in Italy to a new battery factory and has finalised an agreement to add Mercedes-Benz as a new, equal partner with TotalEnergies/Saft and the automaker.

The partners have now also committed to increase the factory capacity to at least 120 gigawatt hours (GWh) by 2030 and to scale up development and production of battery cells and modules.

Carlos Tavares, Stellantis CEO, said in a statement: “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 its Dare Forward 2030 strategic plan, Stellantis previously announced plans to have global annual battery electric vehicle sales of 5m vehicles by 2030, reaching 100% of passenger car BEV sales mix in Europe and 50% passenger cars and light-duty trucks in the US.

It has also increased planned battery capacity by 140GWh to approximately 400GWh, to be supported by five gigafactories together with additional supply contracts.

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By GlobalData

Automotive Cells Company was founded by Stellantis and TotalEnergies/Saft in August 2020.

The deal is subject to customary closing conditions, including regulatory approvals.