Stellantis continues to invest in the power supply of the factory

A few days ago, the 14-brand car company Stellantis began producing electric dual-clutch transmissions (eDCTs) at the historic Fiat Mirafiori plant in Italy, marking the start of another production run. This is the next step in the investment of 240 million Euros – in the site and the Italian automotive sector – to create the “Mirafiori Automotive Park 2030”.

Stellantis CEO Carlos Tavares also announced an additional investment of 100 million euros to increase the capacity of the Fiat 500 Electric. “Mirafiori Automotive Park 2030” represents the vision to transform Stellantis into a sustainable mobility technology company, the group said in a recent statement. This location, one of Stellantis’ three most important centers worldwide, covers all stages of car manufacturing – from design to recycling.

In addition, Mirafiori is part of the transformation program of the Stellantis university and is intended to help save 36,000 tons of CO2 equivalent. A green campus is a place to exchange ideas that fosters creativity and efficiency and ultimately creates an attractive working environment. The newly created buildings are intended to contribute directly to the implementation of the goal of achieving zero carbon emissions by 2038, which is highlighted in the “Dare Forward 2030” strategic plan.

“To develop the group worldwide, Stellantis relies on its roots in Italy, France and the United Statessaid Stellantis CEO Carlos Tavares. “However, Mirafiori is unique in that the area is becoming a well-equipped hub for central areas, design and development, manufacturing and the circular economy. Given these major changes and eight new locations since the inception of Stellantis, the Turin site requires significant attention, training and investment to continue to offer vehicles, technology and services that capture the hearts and minds of our customers around the world.“, so Tavares.

Fiat 500 E should be cheaper

“Mirafiori Car Park 2030” is the next chapter in the 80-year history of this historic area on the southern outskirts of Turin. The Abarth 500e, Fiat 500 Elektro, Maserati GranTurismo and Maserati GranCabrio are currently manufactured there. More than 90 percent of these vehicles are exported, thus improving Italy’s foreign trade balance.

Fiat sold a total of 1.35 million vehicles worldwide in 2023 – an increase of 12 percent – maintaining its top position as Stellantis’ best-selling brand. The brand leads in four markets with a market share of 21.8 percent in Brazil, 12.8 percent in Italy, 15.7 percent in Turkey and 78.6 percent in Algeria and is at the top with a 42 percent market share in the A segment in Europe. . The new investment announced in the 500 Electric aims to strengthen the leadership position of the model through a more affordable version with a new battery and electric motor that promises a better customer experience. The cheapest variant of the Fiat 500e currently costs less than 30,000 euros.

In addition to the production of cars for the Fiat and Maserati brands, “Mirafiori Automotive Park 2030” includes:

Gear box manufacturing: Along with the production of the C514 manual transmission for the Fiat Panda built in Pomigliano (Italy), the eTransmissions joint venture is now launching the production of eDCT transmissions for Stellantis brand hybrid storage systems. Up to 600,000 eDCTs per year will be manufactured at this location in addition to production in Metz, France. The EDCT, built in Mirafiori, is characterized by its affordable hybrid technology with a 21 kW electric motor in a dual clutch transmission. When less torque is needed, for example in the city or on leisurely country trips, the electric motor provides the necessary driving power. In city traffic, the combustion engine can remain off about 50 percent of the time. If more torque is needed, the combustion engine turns on.

Battery Technology Center: With the facility, which costs a good 40 million euros, Stellantis expands its capacity for design, development and testing of batteries, modules, high-power cells and future vehicle software from Stellantis brands. According to Fiat, the facility is one of the largest in the European automotive industry.

SUSTAINera Circular Economy Hub: This program focuses on sustainable production and consumption strategies. Areas of activity include parts and vehicle recycling as well as vehicle repair and dismantling. Worldwide expansion is planned. Stellantis aims to quadruple revenue from the extended life cycle of auto parts, including related services, by 2030 compared to 2021 and to increase revenue from the recycling business tenfold.

green university: The planned green campus is intended to transform the work environment with the intention of climate neutrality and cooperation. The aim is to strengthen the roots of the automotive design and engineering divisions as well as the central areas of Stellantis through innovative, sustainable and corporate concepts. Employees from different areas of responsibility will come together at the university, including international decision-making centers such as the commercial vehicle division, the group’s equipment company Drive4You, the data-as-a-service business Mobilisights, as well as other teams from areas of programming, development and design.

Italian national sales company

In the last five years, Stellantis has already invested more than 5 billion euros in production equipment and new products in Italy. Investments will continue to be made in Italy in the future to build a sustainable business model as an “Italian team of three” with the support of suppliers and institutions. There is also a program of training and further education for employees. At the same time, the company continues the collaboration with the Polytechnic in Turin that started in 1999. As part of this collaboration with the technical university, another college of design and sustainable mobility will now be built in Mirafiori.

Stellantis says it will invest more than 50 billion euros in electrification worldwide over the course of this decade to achieve the goals of the “Dare Forward 2030” strategic plan: By 2030, 100 percent of passenger car sales should be in Europe and 50 percent. of passenger car and light commercial vehicle sales in the United States will be battery-powered vehicles. To achieve these sales targets, the company is securing approximately 400 GWh of battery capacity, including support from six battery factories in North America and Europe. Stellantis is on track to achieve zero CO2 emissions across all sectors by 2038. The remaining emissions (in the single-digit percentage range) should be adjusted.

Source: Stellantis – press release dated 10 April 2024