BILLY-BERCLAU-DOUVRIN, Pas-de-Calais (Reuters) – Stellantis will need an additional gigafactory in the United States, or even two, to reach its global target of 400 GWh of capacity, Carlos Tavares said on Tuesday, the CEO of Stellantis.
“We know that we are going to need a third, even a fourth (battery) factory. Obviously the IRA (Inflation Reduction Act) creates very favorable conditions for these investments”, declared Carlos Tavares who s spoke to the press at the inauguration of the first French and European gigafactory of Automotive Cells Company (ACC).
ACC inaugurated on Tuesday the gigafactory of Billy-Berclau-Douvrin (Pas-de-Calais), the first of four sites of the future electric “battery valley”.
Stellantis has already announced two gigafactories in North America (one in Canada, and one in the United States). The group is aiming for a total of 400 GWh of capacity in 2030 on a global scale. He also announced three gigafactory projects in Europe for a total capacity of 120 GWh.
(Gilles Guillaume report, written by Nicolas Delame, edited by Jean-Stéphane Brosse)
Copyright © 2023 Thomson Reuters
I have over 8 years of experience working in the news industry. I have worked as a reporter, editor, and now managing editor at 247 News Agency. I am responsible for the day-to-day operations of the news website and overseeing all of the content that is published. I also write a column for the website, covering mostly market news.