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Stellantis speeds up electrification and invests in Hungary

The Stellantis factory in Hungary

With its Dare Forward 2030 plan, Stellantis is strongly committed to the electrification of its ranges and aims to have all its European brands electric by 2030, 5 years ahead of the ban on thermal engines. To meet its commitments and ensure production, the Group is modernising its factories and has announced a major investment in Hungary.

Stellantis announces its intention to increase the production capacity of its electric drive modules (EDM) by transforming the Szentgotthard site in Hungary, with production expected to start at the end of 2026.

The €103 million investment in the Szentgotthard site, which includes grants and contributions from the Hungarian government, is the latest example of Stellantis' determination to transform its existing factories for the electric future of the sector. The company has also upgraded its sites in Tremery-Metz, France, and Kokomo, Indiana, USA, to accommodate EDM production. In addition, the Mirafiori complex in Italy plans to ramp up production of electrified dual-clutch transmissions (eDCT) for Stellantis hybrid and plug-in hybrid vehicles by 2024.

Arnaud Deboeuf, Chief Manufacturing Officer of Stellantis, said: "Localising the production of our electric drive modules in Szentgotthard to support our electric transformation is another essential part of our goal to offer our customers safe, clean and affordable mobility solutions. The plant's employees can be proud of their work, which will be an integral part of our electrified future, enabling us to deliver innovative, customer-focused vehicles across all our iconic brands. "

The EDMs produced in Szentgotthard will be used in vehicles assembled on the future STLA native BEV platform. The EDM production will be integrated into the existing buildings of the plant. New activities related to the production of electric modules at the site will include the machining of certain key components as well as the final assembly and testing of the 3-in-1 EDMs, which combine the electric motor, reduction gear and converter in a single module.

The Szentgotthard plant currently produces the 1.2L 3-cylinder turbo and 1.6L 4-cylinder internal combustion engines used in several Stellantis brand models. Stellantis employees will be trained to meet the machining and assembly requirements of the EDM production.

Stellantis will invest more than €50 billion in electrification over the next ten years to achieve the goals of its Dare Forward 2030 strategic plan, which aims to achieve 100% battery electric vehicle sales for passenger cars in Europe and 50% BEV sales for passenger cars and pickups in the United States by 2030. To achieve these goals, the company is securing approximately 400GWh of battery capacity, including support from six manufacturing facilities. battery production in North America and Europe. Stellantis is on track to become a net zero carbon company across all scopes by 2038, with a single-digit percentage of residual emissions offset.

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