Stellantis NV STLA inaugurated its first Battery Technology Center at the Mirafiori complex in Turin, Italy.
The €40 million investment is expected to boost Stellantis' capabilities to design, develop and test battery packs, modules, high-voltage cells and software that will power upcoming Stellantis brand vehicles.
The center is the biggest in Italy and among the largest in Europe and can test up to 47 battery packs in parallel.
The center has more than 100 employees at the Mirafiori Battery Technology Center, most of whom are upskilled Stellantis workers. They will perform and oversee climatic stress tests, lifespan durability testing, battery management system (BMS) software development and calibration, and tear downs of packs and cells for analysis and benchmarking.
Stellantis is also building a Battery Technology Center for North America, in Windsor, Ontario, Canada, as part of a global battery development and manufacturing network that will include six gigafactories.
The automaker will establish more battery-making plants in order to give a fillip to EV production, according to a report from Reuters.
Also Read: Stellantis Mulls Joining Hands With Chinese EV Maker For Market Expansion
"We are in the midst of a once-in-a-lifetime opportunity to redefine mobility, providing smart and sustainable solutions for our customers," said Chief Engineering and Technology Officer Ned Curic.
The technology center's power system can manage up to 1.2 kilovolts (kV) and 2.2 megawatts (MW) per test cell.
Stellantis' Dare Forward 2030 strategic plan aims at reaching a 100% passenger car BEV sales mix in Europe and 50% passenger car and light-duty truck BEV sales mix in the U.S. by 2030.
Price Action: STLA shares are trading higher by 0.28% at $18.14 in premarket on the last check Friday.
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